Sweden's unemployment rate picked up to 9.8 percent in May of 2021 from 9 percent in the corresponding month of the previous year. The number of unemployed increased by 49 thousand from a year earlier to 546 thousand and employment went up by 29 thousand to 5.052 million. At the same time, the labour force went up by 78 thousand to 5,598 million. Seasonally adjusted, the unemployment rate stood at 9.1 percent. source: Statistics Sweden

Unemployment Rate in Sweden averaged 6.06 percent from 1980 until 2021, reaching an all time high of 10.50 percent in June of 1997 and a record low of 1.30 percent in July of 1989. This page provides the latest reported value for - Sweden Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Unemployment Rate in Sweden is expected to be 9.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Sweden to stand at 8.40 in 12 months time. In the long-term, the Sweden Unemployment Rate is projected to trend around 7.70 percent in 2022 and 7.00 percent in 2023, according to our econometric models.

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Sweden Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.80 9.40 10.50 1.30 1980 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-18 08:30 AM Feb 9.7% 9.3% 9.1%
2021-04-27 07:30 AM Mar 10% 9.7% 9.6% 9.4%
2021-05-26 07:30 AM Apr 9.4% 10% 10.4%
2021-06-22 07:30 AM May 9.8% 9.4% 9.7%
2021-07-29 07:30 AM Jun 9.8% 9.5%
2021-08-26 07:30 AM Jul
2021-09-21 07:30 AM Aug
2021-10-21 07:30 AM Sep


News Stream
Swedish Jobless Rate Rises to 9.8% in May
Sweden's unemployment rate picked up to 9.8 percent in May of 2021 from 9 percent in the corresponding month of the previous year. The number of unemployed increased by 49 thousand from a year earlier to 546 thousand and employment went up by 29 thousand to 5.052 million. At the same time, the labour force went up by 78 thousand to 5,598 million. Seasonally adjusted, the unemployment rate stood at 9.1 percent.
2021-06-22
Sweden Jobless Rate Rises to 9.4% in April
Sweden's unemployment rate rose to 9.4 percent in April of 2021 from 8.2 percent in the corresponding month of the previous year. The number of unemployed increased by 71.8 thousand from a year earlier to 521 thousand and employment went up by 3.6 thousand to 5.009 million. The labor force participation rate increased to 73.7 percent, from 72.4 percent a year earlier. Seasonally adjusted, the unemployment rate stood at 9.1 percent.
2021-05-26
Sweden Jobless Rate Highest since 1997
Sweden's unemployment rate climbed to 10% in March of 2021 from 7.1% in the corresponding month of the previous year and above market expectations of 9.6%. It was the highest jobless rate since July of 1997, amid the Covid-19 pandemic. The number of unemployed increased by 160 thousand from a year earlier to a nine-month high of 549 thousand, while employment went down by 109 thousand to 4.946 million.
2021-04-27
Swedish Jobless Rate Highest since 2010
Sweden's unemployment rate soared to 9.7 percent in February of 2021 from 8.2 percent in the corresponding month of the previous year. It was the highest unemployment rate since April of 2010, amid the prolonged pandemic crisis. The number of unemployed increased by 77 thousand from a year earlier to 531 thousand while employment went down by 128 thousand to 4.949 million.
2021-03-18

Sweden Unemployment Rate
In Sweden, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.