Sweden's unemployment rate fell to 6.5 percent in January 2019 from 7 percent in the same month of the previous year, as the number of unemployed declined 26 thousand to 350 thousand while employment rose 96 thousand to 5.07 million. The labor force participation rate increased 0.5 percentage points to 72.3 percent and the employment rate went up 0.8 percentage points to 67.6 percent. Unemployment Rate in Sweden averaged 5.95 percent from 1980 until 2019, reaching an all time high of 10.50 percent in June of 1997 and a record low of 1.30 percent in July of 1989.

Unemployment Rate in Sweden is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Sweden to stand at 5.90 in 12 months time. In the long-term, the Sweden Unemployment Rate is projected to trend around 6.30 percent in 2020, according to our econometric models.

Sweden Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-15 08:30 AM Unemployment Rate 5.5% 6% 6.1%
2018-12-13 08:30 AM Unemployment Rate 5.5% 5.5% 5.5%
2019-01-24 08:30 AM Unemployment Rate 6% 5.5% 5.80%
2019-02-14 08:30 AM Unemployment Rate 6.5% 6% 6.2%
2019-03-14 08:30 AM Unemployment Rate 6.5% 6.6%
2019-04-18 07:30 AM Unemployment Rate 6.4%
2019-05-23 07:30 AM Unemployment Rate 6.6%


Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.50 6.00 10.50 1.30 percent [+]
Employed Persons 5065.00 5099.00 5281.00 4236.00 Thousand [+]
Unemployed Persons 350.00 327.00 503.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.30 3.50 0.30 percent [+]
Youth Unemployment Rate 17.40 16.40 27.80 2.90 percent [+]
Labour Costs 132.70 132.20 132.70 100.00 Index Points [+]
Job Vacancies 1449.00 1072.00 1489.00 51.00 Hundred [+]
Wages 172.90 172.90 173.60 133.60 SEK/Hour [+]
Wages in Manufacturing 183.10 183.20 185.80 139.70 SEK/Hour [+]
Population 10.12 10.00 10.12 7.47 Million [+]
Retirement Age Women 61.00 61.00 61.00 61.00 [+]
Retirement Age Men 61.00 61.00 61.00 61.00 [+]
Labor Force Participation Rate 72.30 72.50 75.30 69.20 percent [+]
Productivity 114.30 105.80 115.90 68.30 Index Points [+]
Part Time Employment 1093.10 1136.60 1177.30 824.30 Thousand [+]
Employment Change 0.30 0.30 1.10 -1.20 percent [+]
Employment Rate 67.60 68.10 70.80 62.60 percent [+]
Full Time Employment 3895.20 3787.90 3895.20 2896.00 Thousand [+]


Sweden Unemployment Rate

In Sweden, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Sweden Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.50 6.00 10.50 1.30 1980 - 2019 percent Monthly
NSA




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 12.30 Nov/18
Brazil 11.60 Dec/18
Italy 10.30 Dec/18
Argentina 9.00 Sep/18
France 8.80 Dec/18
Euro Area 7.90 Dec/18
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Jan/19
Indonesia 5.34 Sep/18
Australia 5.00 Dec/18
Russia 4.80 Dec/18
South Korea 4.40 Jan/19
United Kingdom 4.00 Nov/18
United States 4.00 Jan/19
China 3.80 Dec/18
Netherlands 3.60 Dec/18
Mexico 3.40 Dec/18
Germany 3.30 Dec/18
Switzerland 2.80 Jan/19
Japan 2.40 Dec/18
Singapore 2.20 Dec/18


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