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Sweden loses to Greece in unemployment

» Updated: 06 October 2024, 02:46

» Published: 02 October 2024

Sweden loses to Greece in unemployment
Photo: Thanassis Stavrakis/AP/TT

For a long time, Greece's unemployment was the highest in the EU, during the worst crisis years in the early 2010s.

Now, however, it is rapidly improving – and the country is approaching both Sweden and Finland in the bottom struggle.

According to new compiled statistics from Eurostat, Greece had an unemployment rate of 9.5 percent in August, almost two percentage points better compared to the situation a year ago. This means that the country is a good distance from Spain, which currently has the highest unemployment rate: 11.3 percent.

The third-highest unemployment rate percentage-wise is found in Sweden with 8.4 percent, according to Eurostat's calculations, closely followed by Finland with 8.3 percent.

The lowest EU unemployment rate is found in the Czech Republic – 2.6 percent.

This is what the unemployment rate looked like in certain EU countries in August 2024 (change in percentage points compared to August 2023 in parentheses):

  1. Czech Republic: 2.6 (+-0)

  2. Poland: 2.9 (+0.1)

  3. Malta: 3.0 (-0.7)

...

  1. Germany: 3.5 (+0.5)

  2. Denmark: 5.8 (+1.6)

  3. Italy: 6.2 (-1.4)

  4. France: 7.5 (+0.1)

  5. Finland: 8.3 (+0.9)

  6. Sweden: 8.4 (+0.6)

  7. Greece: 9.5 (-1.9)

  8. Spain: 11.3 (-0.7)

...

Entire EU: 5.9 (-0.1)

Eurozone: 6.4 (-0.2)

Source: Eurostat

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By TTThis article has been altered and translated by Sweden Herald

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