Photo: Vilhelm Stokstad/TTThe Swedish government has predicted that unemployment will drop to 5.9 percent in 2018, taking a more optimistic view than in previous estimates. They also predict that the unemployment rate will stay at 5.9 percent in 2019 and 2020. The prediction may be optimistic however: according to Sweden’s Public Employment Service (Arbetsförmedlingen), unemployment was at 7.3 percent as of July 2017. In August, surprisingly strong economic growth in Sweden led forecasters to update their predictions for the year, revising the estimate for growth to three percent in 2017 – up from 2.5 percent. READ ALSO: Sweden's economic growth predicted to exceed expectations in 2017READ ALSO: Analysts label Sweden's economic growth as 'crazy strong'

Source: The Local August 24, 2017 06:51 UTC