Labour Costs in Sweden increased to 132.80 points in May from 132.60 points in April of 2020.

Labour Costs in Sweden averaged 116.90 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 August of 2020. source: Statistics Sweden

Labour Costs in Sweden is expected to be 134.97 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 135.94 in 12 months time. In the long-term, the Sweden Labour Costs is projected to trend around 139.38 points in 2021 and 142.45 points in 2022, according to our econometric models.

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Sweden Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
132.80 132.60 138.10 100.00 2008 - 2020 points Monthly
NSA, 2008M1=100

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.80 9.00 10.50 1.30 percent [+]
Employed Persons 5101.00 5023.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 557.00 497.00 557.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.00 3.50 0.30 percent [+]
Youth Unemployment Rate 28.70 25.90 28.70 2.90 percent [+]
Labour Costs 132.80 132.60 138.10 100.00 points [+]
Job Vacancies 514.00 626.00 1520.00 51.00 Hundred [+]
Wages 179.50 177.50 179.50 133.60 SEK/Hour [+]
Wages in Manufacturing 190.70 188.30 191.20 139.70 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 75.10 73.30 75.30 69.20 percent [+]
Productivity 103.40 103.50 103.50 65.30 points [+]
Part Time Employment 1110.00 1150.70 1177.30 824.30 Thousand [+]
Full Time Employment 3735.70 3776.00 3916.70 2896.00 Thousand [+]
Employment Change -0.50 0.10 1.10 -1.00 percent [+]
Employment Rate 67.70 66.70 70.80 62.60 percent [+]
Wage Growth 1.40 2.60 7.10 1.40 percent [+]