Unemployment in Sweden

Sweden Unemployment | Economic News & Forecasts

Sweden - Unemployment

The economy shrank in the third quarter according to recent figures, although this was due in large part to temporary factors. Lower vehicle sales—following tax changes which caused a front-loading of sales in the second quarter—depressed private consumption, while inventories subtracted notably from GDP. In contrast, fixed investment rose strongly, while the external sector strengthened. The underlying picture was one of an economy still in good health, but losing momentum compared to the high growth observed in previous quarters. The economy should have rebounded in the fourth quarter, and available indicators for the period point to fairly robust activity. Both the services and manufacturing PMIs were comfortably in expansionary territory in November thanks to solid growth in new orders, while in December the economic tendency indicator remained well above the neutral 100 mark. On the political front, the country is still without a government following the general election over three months ago. On 14 December, parliament voted against Social Democrat leader and caretaker Prime Minister Stefan Löfven becoming prime minister, a few weeks after Annie Lööf—leader of the Centre Party—abandoned her attempt to form a government.

Sweden - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate8.0  7.9  7.4  6.9  6.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Sweden Unemployment Chart


Sweden Unemployment
Note: Unemployment in % of active population.
Source: Statistics Sweden.

Sweden Facts

ValueChangeDate
Bond Yield0.41-4.79 %Jan 14
Exchange Rate8.95-0.20 %Jan 14
Stock Market1,4580.14 %Jan 14

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form