Labour Costs in Sweden increased to 137.90 points in August from 137.50 points in July of 2020. source: Statistics Sweden

Labour Costs in Sweden averaged 117.27 points from 2008 until 2020, reaching an all time high of 138.10 points in February of 2020 and a record low of 100 points in January of 2008. This page provides - Sweden Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Labour Costs - values, historical data and charts - was last updated on November of 2020.

Labour Costs in Sweden is expected to be 141.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Sweden to stand at 134.92 in 12 months time. In the long-term, the Sweden Labour Costs is projected to trend around 145.76 points in 2021 and 142.17 points in 2022, according to our econometric models.

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Sweden Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
137.90 137.50 138.10 100.00 2008 - 2020 points Monthly
NSA, 2008M1=100

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.80 8.30 10.50 1.30 percent [+]
Employed Persons 5062.00 5036.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 430.00 453.00 557.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.10 3.50 0.30 percent [+]
Youth Unemployment Rate 23.60 24.90 28.80 2.90 percent [+]
Labour Costs 137.90 137.50 138.10 100.00 points [+]
Job Vacancies 660.00 526.00 1520.00 51.00 Hundred [+]
Wages 172.80 176.40 179.50 133.60 SEK/Hour [+]
Wages in Manufacturing 187.40 187.90 191.20 139.70 SEK/Hour [+]
Population 10.23 10.12 10.23 7.47 Million [+]
Retirement Age Women 62.00 61.00 62.00 61.00 [+]
Retirement Age Men 62.00 61.00 62.00 61.00 [+]
Labor Force Participation Rate 72.80 72.80 75.40 69.20 percent [+]
Productivity 104.20 102.20 104.20 65.30 points [+]
Part Time Employment 1049.50 1091.40 1177.30 824.30 Thousand [+]
Full Time Employment 3842.00 3749.30 3916.70 2896.00 Thousand [+]
Employment Change -1.40 -0.70 1.10 -1.40 percent [+]
Employment Rate 67.10 66.80 70.70 62.60 percent [+]
Wage Growth 1.10 1.30 7.10 1.10 percent [+]