Sweden Unemployment Rate

Sweden, SEK
Importance
Medium
Sector:
Labor
Source:
Statistics Sweden (SCB)
7.9%
8.1%
7.7%
Last release
Actual Act
Forecast Fcst
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8.0%
7.9%
Next release
Forecast Fcst
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Sweden's Unemployment Rate reflects the rate of currently unemployed residents to the total civilian labor force aged between 15 and 74. The index is calculated based on the monthly telephone survey of more than 18,000 people.

Unemployment growth is an indication of a decline in the labor market and is bad for the national economy. Therefore, a higher than expected reading can be seen as negative for the SEK quotes.

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