Sweden - Unemployment Rate





Sweden: Unemployment Rate

Mnemonic LBR.ISWE
Unit %, SA
Adjustments Seasonally Adjusted
Monthly
Data Aug 2022 6.9
Jul 2022 7

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

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

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 source writes:

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.

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.

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

Further reading

At the source:

At IMF (SDDS Plus):