Sweden Unemployment Rate

Swedish jobless rate rose to 7.3 percent in January 2017 from 6.5 percent in December, in line with market expectations. It was the highest jobless rate since June last year, as the number of unemployed increased by 14 percent from the previous month to 384.5 thousand while the number of employed dropped by 0.3 percent to 4.88 million. The unemployment rate among young people was 18.6 percent. A year earlier, the unemployment rate was recorded at 7.5 percent. Unemployment Rate in Sweden averaged 5.92 percent from 1980 until 2017, 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.

Sweden Unemployment Rate

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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 2017.