Youth unemployment soars in Sweden

Youth unemployment soars in Sweden

 Youth unemployment in Sweden hit its highest level this century in July due to the widespread economic disruption caused by the coronavirus pandemic and measures to halt its spread, figures…
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Record drop in Swedish GDP

Record drop in Swedish GDP

Sweden's gross domestic product fell a record 8.6% in the second quarter from the previous quarter and 8.2% from a year earlier, according to a flash estimate from the statistics…
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Scania planning major job cuts

Scania planning major job cuts

  Swedish truckmaker Scania, owned by Germany's Traton, plans major job cuts in the wake of the coronavirus, anticipating it currently has 5,000 more staff globally than needed, it said…
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Unusual earthquake in Sweden

Unusual earthquake in Sweden

Sweden reported its biggest ever earthquake caused by mining on Monday at an iron ore mine north of the Arctic Circle run by state firm LKAB. The quake measured magnitude…
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