Sweden Unemployment Rate — 2026 Data, Trend & Forecast
Sweden's unemployment rate was 8.80% in May 2026, up from 8.50% the previous month. A year earlier it stood at 9.10%.
Sweden's unemployment rate stands at 8.80% as of May 2026. The unemployment rate currently sits at 8.80% (up from 8.50% in the prior month). Across the tracked window it has ranged between 5.90% and 9.80%, and is 0.30% lower than a year ago.
The trend
Among the 226 economies tracked on this platform, Sweden ranks #62 on unemployment rate by latest value. It rose from 8.50% in the previous month, and compares with a year-earlier 9.10%.
What's driving it
Joblessness tracks the business cycle, labour-force participation and structural shifts in industry, and tends to lag changes in output.
Recent readings
| Period | Unemployment rate |
|---|---|
| May 2026 | 8.80% |
| Apr 2026 | 8.50% |
| Mar 2026 | 8.60% |
| Feb 2026 | 8.40% |
| Jan 2026 | 8.10% |
| Dec 2025 | 8.87% |
| Nov 2025 | 9.00% |
| Oct 2025 | 9.30% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Unemployment Rate in Sweden in 2026?
Sweden's unemployment rate was 8.80% in May 2026, up from 8.50% the previous month. A year earlier it stood at 9.10%.
Is the unemployment rate rising or falling in Sweden?
It rose in the latest reading — 8.80% in May 2026 versus 8.50% a month earlier. Year on year it is lower.
What is unemployment rate?
It measures the share of the labour force that is without work but actively seeking a job.