Sweden Long Term Unemployment Rate - Forecast

Long Term Unemployment Rate in Sweden is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Sweden to stand at 1.22 in 12 months time. In the long-term, the Sweden Long Term Unemployment Rate is projected to trend around 1.29 percent in 2020, according to our econometric models.


Sweden Long Term Unemployment Rate
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Sweden Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 7 7.1 7 5.9 6.3 5.8
Employed Persons 4969 4947 4903 4868 4837 4645
Unemployed Persons 376 355 356 355 354 352
Long Term Unemployment Rate 1.2 1.2 1.21 1.22 1.22 1.29
Youth Unemployment Rate 16.8 17.19 17.06 17 16.95 16.49
Labour Costs 129 129 129 129 129 128
Job Vacancies 1468 1455 1091 868 714 380
Wages 169 168 168 168 168 167
Wages in Manufacturing 178 178 178 178 177 176
Population 10 10.32 10.32 10.32 10.32 10.58
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 71.8 71.21 71.1 71.22 71.25 71.22
Productivity 116 102 106 115 108 109
Part Time Employment 1098 1109 1115 1110 1108 1102
Employment Change 0.4 0.07 0.06 0.01 0.02 0.2
Employment Rate 66.8 66.25 65.89 65.92 66 66.02
Full Time Employment 3811 3639 3696 3759 3719 3702