Unemployment in Sweden

Sweden Unemployment | Economic News & Forecasts

Sweden - Unemployment

Economic growth in quarter-on-quarter terms was likely solid in Q4, although this was in part due to a favorable base of comparison after temporary factors saw the economy contract in Q3. Underlying economic momentum appeared to ebb, however, as evidenced by a slump in retail sales, lower average PMI readings compared to the previous quarter and sluggish growth in industrial production. Turning to Q1, available data points to a moderation in activity, in line with soft dynamics across the EU as a whole. Both the services and manufacturing PMIs declined in January, while the economic tendency indicator dropped sharply in the same month on worse sentiment in the manufacturing, retail and service sectors. Nevertheless, the labor market continues to perform well, as evidenced by robust annual employment growth in January.

Sweden - Unemployment Data

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

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Sweden Unemployment Chart

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

Sweden Facts

Bond Yield0.30-4.79 %Mar 11
Exchange Rate9.38-0.20 %Mar 11
Stock Market1,5700.14 %Mar 11

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