Swedish Jobless Rate Falls to 20-Month Low
2026-08-21 06:30
By
Joshua Ferrer
1 min. read
Sweden’s unemployment rate fell to 7.8% in July 2026 from 8.0% in the same period a year earlier, marking the lowest level since November 2024.
The total number of unemployed people declined by 6,400 from July 2025 to 467,700, which consists of 238,000 unemployed women and 230,000 unemployed men, corresponding to 8.3% and 7.4%, respectively.
Among people aged 15-24, 138,000 were unemployed, corresponding to a youth unemployment rate of 16.1%.
The number of long-term unemployed, defined as those jobless for at least 27 weeks, reached 144,000, including 65,000 thousand women and 80,000 men.
Meanwhile, employment among people aged 15-74 rose by 69,100 from a year earlier to 5.5 million, including 2.639 million employed women and 2.868 employed men.
The average total number of hours worked per week stood at 104.4 million.
On a seasonally adjusted basis, the unemployment rate was 8.7%, while the youth unemployment stood at 24.4%.