Sweden - Unemployment

Sweden: Unemployment

Mnemonic	LBU.ISWE
Unit	Ths. #, SA
Adjustments	Seasonally Adjusted
	Monthly	0.76 %
Data	Aug 2022	390
	Jul 2022	393

Series Information

Source	Statistics Sweden
Release	Labor Force Survey
Frequency	Monthly
Start Date	1/31/1992
End Date	8/31/2022

Sweden: Labor

	Reference	Last	Previous	Units	Frequency
Labor Force	Aug 2022	5,623	5,623	Ths. #, SA	Monthly
Labor Force Employment	Aug 2022	5,233	5,230	Ths. #, SA	Monthly
Unemployment	Aug 2022	390	393	Ths. #, SA	Monthly
Unemployment Rate	Aug 2022	6.9	7	%, SA	Monthly
Wage & Salaries	2022 Q2	697,616	654,676	Mil. SEK, NSA	Quarterly
Total Employment	2020	5,000	5,068	Ths. #	Annual
Agriculture Employment	2017	99,212	98,925	#	Annual

Release Information

Description

For Sweden, the monthly labor force survey provides the standard labor force status measures for the country: labor force, employment, unemployment, and rates.

Properties

Active:

Measurements:
- Thousands of persons (Ths. #)
- Percent share (%)
Adjustments:
- Seasonally adjusted (SA)
- Not seasonally adjusted (NSA)
Native frequency: Monthly
Start date: As early as 2005m4

Predecessor:

{1990m1, 1992m1} to 2007m10 ("07")

The Labor Force Survey (LFS) is carried out on an ongoing basis by Statistics Sweden. The objectives of the survey are to describe the current employment conditions and to give information on the development of the labor market.

The results are used, together with other labor market statistics, as the basis for the planning of and decision-making on labor market policy measures, as well as for the follow-up of investment in the labor market. LFS is also an important foundation for general short-term economic evaluations and international comparisons. The results of LFS also provide essential parts of labor market data required for economic and social research. Additionally, the statistics are used generally for mass media information to the public about the labor market.

Moody's Analytics supplements

We back-extend the four status measures: NSA prior to 2005m4, SA prior to 2013m1.

Revisions

Data are subject to revisions.

Statistics Sweden will be using the international unemployment figures for the LFS for October 2007 onwards. Until that time, people who have been studying full-time at any time during the three weeks before the reference week have been classified as not in the labor force instead of as unemployed. Revised data regarding the number of unemployed people are within the statistical margin of error for all months in 2007 apart from June.

Notes

The reported "employment rate" is specifically the "employment to population ratio," i.e., EM/WP not EM/LF.