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Sweden's Labor Market: Key Trends & Insights

The Swedish labor market is a critical indicator of the nation's economic health, and recent data from the Swedish Public Employment Service (Arbetsförmedlingen) and Statistics Sweden (SCB) provide valuable insights into its current state and evolving trends. These agencies regularly release figures on unemployment rates, new job creations, and sector-specific employment, offering a comprehensive picture of stability and growth. May 2025 Labor Market Performance Recent statistics for May 2025 reveal a nuanced picture of the Swedish labor market. Unemployment Trends The unemployment rate in Sweden rose to 9.7% in May 2025. This marks an increase of 1.0 percentage point compared to May 2024 (SCB, 2025). The total number of unemployed individuals reached 561,000, an increase of 66,000 from the previous year (SCB, 2025). Seasonally adjusted and smoothed data shows the unemployment rate at 8.7% for May 2025, which remained unchanged from the same period last year (Trading Economics, ...

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