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Stockholm's economic growth continues in Q2

Xinhua, September 28, 2016 Adjust font size:

During the second quarter of 2016, Stockholm's economic growth continued, said Stockholm Business Region in a report on Tuesday.

Entitled "Stockholm Economy Report", the report said compared with the same quarter of 2015, there was a decrease in unemployment and an increase in gross pay data and number of companies started.

"Stockholm's growth continues, the labor market is strengthened and housing construction picks up, which is important for the city's future development," the report said, quoting Olle Zetterberg, CEO of Stockholm Business Region.

In total, 6,378 new companies were registered in Stockholm County during the second quarter of 2016, whereof the City of Stockholm accounted for 3,761. This represented a 20 percent increase for the county and 21 percent increase for the city compared to the second quarter of 2015.

During the second quarter of this year, the number of people employed increased as did the number of listed positions. The largest increase of listed positions was in the construction and health care sectors.

The report is published each quarter by Stockholm Business Region and its statistics cover both the Stockholm County and the City of Stockholm. Endit