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Swedish unemployment falls to 7.2 percent in July

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(Globalpost/GlobalPost)

STOCKHOLM (Reuters) - Sweden's unemployment rate fell to 7.2 percent in July from 9.1 percent in June, the statistics office said on Thursday.

Unemployment tends to fall back in July from a seasonal spike in June, but the outcome was still below the 7.6 percent forecast in a Reuters poll of analysts.

Total employment stood at 4.905 million people. Seasonally adjusted, the unemployment rate was 7.8 percent compared to 7.9 in the previous month.

(Reporting by Stockholm Newsroom)

http://www.globalpost.com/dispatch/news/thomson-reuters/130822/swedish-unemployment-falls-72-percent-july