Sweden Average Hourly Wages in Manufacturing  Forecast


Sweden Average Hourly Wages in Manufacturing
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Wages in Manufacturing in Sweden is expected to be 178.14 SEK/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Sweden to stand at 177.71 in 12 months time. In the long-term, the Sweden Average Hourly Wages in Manufacturing is projected to trend around 176.88 SEK/Hour in 2020, according to our econometric models.


Sweden Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 5.8 7.1 7 5.9 6.3 5.8
Employed Persons 5047 5052 5050 5048 5047 5036
Unemployed Persons 308 330 336 340 343 350
Long Term Unemployment Rate 1.2 1.2 1.2 1.21 1.22 1.27
Youth Unemployment Rate 17.2 17.04 16.96 16.92 16.88 16.57
Labour Costs 128 128 128 128 128 128
Job Vacancies 1040 907 712 589 510 368
Wages 169 168 167 167 167 166
Wages in Manufacturing 179 178 178 178 178 177
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 72.6 70.95 71.36 71.24 71.17 71.2
Part Time Employment 1098 1109 1115 1110 1108 1102
Productivity 116 102 106 115 108 109
Employment Change 0.4 0.07 0.06 0.01 0.02 0.2
Employment Rate 68.1 65.68 65.81 65.98 66.02 65.99
Full Time Employment 3811 3639 3696 3759 3719 3702