Labour Costs in Sweden increased to 140.40 points in December from 139.90 points in November of 2020. source: Statistics Sweden

Labour Costs in Sweden averaged 117.84 points from 2008 until 2020, reaching an all time high of 140.40 points in December 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 March of 2021.

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 145.76 in 12 months time. In the long-term, the Sweden Labour Costs is projected to trend around 145.76 points in 2022 and 142.17 points in 2023, according to our econometric models.

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Sweden Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
140.40 139.90 140.40 100.00 2008 - 2020 points Monthly
NSA, 2008M1=100

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.30 8.20 10.50 1.30 percent [+]
Employed Persons 4863.00 5054.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 498.00 450.00 557.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.10 3.50 0.30 percent [+]
Youth Unemployment Rate 24.20 24.00 28.30 2.90 percent [+]
Labour Costs 140.40 139.90 140.40 100.00 points [+]
Job Vacancies 1103.00 871.00 1520.00 51.00 Hundred [+]
Wages 181.60 179.00 181.60 133.60 SEK/Hour [+]
Wages in Manufacturing 192.30 189.90 192.30 139.70 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 71.30 73.00 75.40 69.20 percent [+]
Productivity 104.10 104.20 104.20 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 0.40 0.30 1.10 -1.90 percent [+]
Employment Rate 64.70 67.00 70.70 62.60 percent [+]
Wage Growth 1.40 1.30 7.10 1.20 percent [+]