The figures from the Swedish Public Employment Service is depressing reading for the biggest of the Nordic countries. In 2010, an estimated 520,000 people will be without jobs in the country, a press release from the service reads. That is up 225,000 people from fall 2008.
If correct, the economic downturn will already next year make as much as 11 percent of the Swedish workforce unemployed.
In 2008, unemployment in Sweden totaled 6,1 percent. That is expected to increase to 8,4 percent in 2009 and further to 11 percent in 2010.
