68
Sweden
Q4 2021
Total Labor Force (000s)
5,478
Employed Workers (000s) 5,062
Unemployed Workers (000s) 416
Unemployment Rate 7.6%
5,211
5,021
5,141
4,946
5,062
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
6.0%
8.2%
7.8%
10.0%
7.6%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
72% - First Vaccine Dose
(December 2021)
Covid Update
Vaccines are not
compulsory but a covid
pass has been introduced
– only vaccinated,
recovered or tested may
go to indoor events with
more than 100 people.
31%
21%
25%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Sweden Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$3,494
$3,810
$14.15
$0
$5
$10
$15
$0
$2,500
$5,000
$7,500
Average Wage Manufacturing
Wage
Minimum Wage
Sweden Regional Average
Year on year wage inflation in July '21 was 2.9%.
In October '21, there were over 108K open job vacancies.
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
Hiring Demand Trend by Experience Level
TalentNeuron
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
https://ec.europa.eu/eurostat
https://www.statistikdatabasen.scb.se
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