Sweden Long Term Unemployment Rate  Forecast


Sweden Long Term Unemployment Rate
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Long Term Unemployment Rate in Sweden is expected to be 1.22 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 1.21 in 12 months time. In the long-term, the Sweden Long Term Unemployment Rate is projected to trend around 1.27 percent in 2020, according to our econometric models.


Sweden Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 6.3 6.6 7.1 7 5.9 5.8
Employed Persons 5050 5051 5047 5044 5041 5029
Unemployed Persons 337 336 340 343 346 351
Long Term Unemployment Rate 1.2 1.22 1.2 1.2 1.21 1.27
Youth Unemployment Rate 16.7 18.25 18.18 18.1 18.03 17.53
Labour Costs 128 128 128 128 128 128
Job Vacancies 851 657 537 464 420 351
Wages 167 167 167 167 167 166
Wages in Manufacturing 178 178 178 178 178 177
Population 10 10 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 72.6 70.34 71.15 71.36 71.19 71.19
Part Time Employment 1098 1105 1109 1115 1110 1102
Productivity 116 107 102 106 115 109
Employment Change 0.4 0.25 0.07 0.06 0.01 0.2
Employment Rate 68.1 65.81 65.7 65.88 65.98 65.96
Full Time Employment 3811 3620 3609 3639 3646 3616