Sweden Unemployment Rate

Unemployment Rate in Sweden increased to 8.80 percent in March of 2013 from 8.50 percent in February of 2013. Unemployment Rate in Sweden is reported by the Statistics Sweden. Historically, from 1980 until 2013, Sweden Unemployment Rate averaged 5.73 Percent 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. In Sweden, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Sweden Unemployment Rate.

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Unemployment Rate | Notes

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.

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