Labour Market in Sweden
Learn more about trends in the Swedish labour market
R4E addresses the challenges in Sweden
Unemployment levels are high while at the same time many companies struggle to recruit people with the right skills. R4E aims to address these challenges in order to secure long-term prosperity for people, businesses and society as a whole.
Unemployment in Sweden over the last 20 years
Both unemployment and youth unemployment have exceeded the EU average in recent years
Unemployment in 2020 was ~8 %
Unemployment, percentage of labour force (15–74 years)
Youth unemployment in 2020 was ~24 %
Youth unemployment, percentage of labour force (15–24 years)
Many companies struggle to recruit people with the right skills
There are ~100,000 vacant positions in Sweden and many companies have difficulties sourcing candidates with the right skills to fill these positions
Number of vacant jobs, thousands
In addition, automation is expected to lead to 1.3 million new jobs by 2030 Source: Arbetsförmedlingen (Swedish Public Employment Service) (2020); Statistiska centralbyrån (Statistics Sweden); ManpowerGroup (2021); Tillväxtverket (Swedish Agency for Economic and Regional Growth) (2020)
3 of 4 Swedish employers have difficulties finding the right competences
according to Talent Shortage, a global survey undertaken by ManpowerGroup
~50% of Swedish companies in building, transport, and manufacturing
find the lack of access to a suitable workforce to be a large impediment to growth
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