Unemployment
Czech Republic
Last updated: 2024-09-18
In 2023 the Swedish unemployment rate was slightly higher than the EUEU: average. Even though it has come down since the financial crisis, it still remains high in certain segments of the population.
To facilitate international comparisons, The International Labour Organization (ILOILO:) has constructed an international standard for measuring unemployment.
The definition of an unemployed person is someone who
- does not currently hold an employment,
- is free take up an employment within 14 days’ time,
- has been actively looking for a job for the past 4 weeks or
- is about to take up an employment within three months.
The labour force is considered to be made up of all people between 15-74 years of age who are either employed or unemployed. Students are excluded if they are not prepared to take up employment or already actively looking for a job.
In an international comparison, Sweden’s unemployment rate came in slightly above the EUEU: average in 2023 (1,7 percentage points). It varies significantly among different segments of the labour force. For instance, the unemployment rate is much higher among people with a low education level.
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