Sweden - Unemployment





Sweden: Unemployment

Mnemonic LBU.ISWE
Unit Ths. #, SA
Adjustments Seasonally Adjusted
Monthly 9.32 %
Data Oct 2022 434
Sep 2022 397

Series Information

Source Statistics Sweden
Release Labor Force Survey
Frequency Monthly
Start Date 1/31/1990
End Date 10/31/2022

Sweden: Labor

Reference Last Previous Units Frequency
Labor Force Oct 2022 5,644 5,591 Ths. #, SA Monthly
Labor Force Employment Oct 2022 5,210 5,194 Ths. #, SA Monthly
Unemployment Oct 2022 434 397 Ths. #, SA Monthly
Unemployment Rate Oct 2022 7.7 7.1 %, 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.

National

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
  • Geo coverage: Country

Predecessor:

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

Subnational quarterly

Active:

  • Framework: IESS
  • Measurements:
    • Thousands of persons (#)
    • Percent (%)
  • Native frequency: Quarterly
  • Start date: As early as 2021Q2
  • Geo coverage: NUTS 3 (ISWE_aaa)

Predecessor:

  • Pre-IESS - 2005Q2 to 2020Q2 ("_20")

Subnational annual

Active:

  • Measurements:
    • Hundreds of persons
    • Thousands of persons (Ths. #)
  • Adjustment: Not applicable
  • Native frequency: Annual
  • Start date: Uniformly 2005
    • Country
    • NUTS 3 (ISWE_aaa)
    • Select smaller areas (ISWE_nnnn)

Predecessors:

  • 1976 to (no archive specifier)

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.

The most important users of the statistics are the National Labour Market Board, the Ministry of Industry, Employment and Communications, the Ministry of Finance, the National Institute of Economic Research and labour market organisations. LFS is also used in the work of Statistics Sweden, partly for national accounts work, partly for labour force analyses and prognoses. Even the media, radio and TV frequently use the statistics.

The presented margin of error corresponds to a 95 percent confidence interval. Because the LFS is a sample survey based on a national random probability sample, there is a degree of uncertainty that can be calculated. The presented information consists of estimations and consideration must be taken to uncertainty/margin of error when drawing conclusions. The interval that is created by the level estimation ± margin of error here is a 95 percent confidence interval, which is an interval with a 95 percent probability including the actual value.

Changes in method

Statistics Sweden uses the international unemployment figures for the LFS for October 2007 onwards. Until then, people who have been studying full-time at any time during the three weeks before the reference week were 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.

Moody's Analytics supplements

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

For subnational areas, we constructed seasonally adjusted counterparts until 2021. After the IESS redefinition, there was insufficient active history for us to do so.

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 the data portal:

At IMF (SDDS Plus):