The Swedish unemployment rate decreased to 5.5 percent in October of 2018 from 6.3 percent in the corresponding month of the previous year. The number of unemployed persons went down by 34 thousand from the previous year to 302 thousand and employment rose by 108 thousand to 5.149 million. The unemployment rate was 5.5 percent among women and 5.6 percent among men. Among young people aged 15-24 there were 84 thousand unemployed persons and the unemployment rate was 14.4 percent. In September the unemployment rate was higher at 6 percent. Unemployment Rate in Sweden averaged 5.95 percent from 1980 until 2018, 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 5.80 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 5.60 in 12 months time. In the long-term, the Sweden Unemployment Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

Sweden Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-23 07:30 AM Unemployment Rate 6.0% 7.2% 6.2%
2018-09-18 07:30 AM Unemployment Rate 6.1% 6.0% 5.9%
2018-10-18 07:30 AM Unemployment Rate 6% 6.1% 6%
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%
2019-01-14 08:30 AM Unemployment Rate 5.8%
2019-02-15 08:30 AM Unemployment Rate


Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 6.00 10.50 1.30 percent [+]
Employed Persons 5149.00 5119.00 5281.00 4236.00 Thousand [+]
Unemployed Persons 302.00 330.00 503.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.30 1.20 3.50 0.30 percent [+]
Youth Unemployment Rate 17.10 17.00 27.80 2.90 percent [+]
Labour Costs 131.70 130.60 131.70 100.00 Index Points [+]
Job Vacancies 879.00 818.00 1489.00 51.00 Hundred [+]
Wages 171.60 168.00 173.60 133.60 SEK/Hour [+]
Wages in Manufacturing 182.70 179.30 185.80 139.70 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 72.90 72.90 75.30 69.20 percent [+]
Productivity 114.30 105.80 115.90 68.30 Index Points [+]
Part Time Employment 1136.60 1132.30 1177.30 824.30 Thousand [+]
Employment Change 0.30 0.50 1.10 -1.20 percent [+]
Employment Rate 68.90 68.50 70.80 62.60 percent [+]
Full Time Employment 3787.90 3686.80 3810.90 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.50 6.00 10.50 1.30 1980 - 2018 percent Monthly
NSA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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