Sweden youth unemployment rate

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Sweden youth unemployment rate: 23.2 (-2.93%)
Last Update: May 31, 2024

Sweden youth unemployment rate closed down 23.2 as of May 31, 2024 from 23.9 from the previous month and 20.2 from last year.


Sweden youth unemployment rate Analytics & Data




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Sweden youth unemployment rate

DateValues
2024-05-31 23.2
2024-04-30 23.9
2024-03-31 25.6
2024-02-29 22.5
2024-01-31 24.4
2023-12-31 24.2
2023-11-30 22.2
2023-10-31 21.9
2023-09-30 23.5
2023-08-31 22.1
2023-07-31 18.2
2023-06-30 24.9
2023-05-31 20.2
2023-04-30 18.9
2023-03-31 21.5
2023-02-28 23.4
2023-01-31 20.2
2022-12-31 23.2
2022-11-30 20.4
2022-10-31 23.3
2022-09-30 22.2
2022-08-31 21
2022-07-31 18.5
2022-06-30 21.1

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Sweden youth unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
youth unemployment ratese.ytunemploymentrate23.223.9-315UPUP752024-05-31

Sweden youth unemployment rate Factors

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Sweden youth unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Sweden youth unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Sweden youth unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Sweden youth unemployment rate

The youth unemployment rate in Sweden refers to the percentage of individuals between the ages of 15 and 24 who are actively seeking employment but unable to find a job. This rate is an important indicator of the economic health of a country and the opportunities available to young people entering the workforce. A high youth unemployment rate can have negative consequences such as lower economic growth, increased social inequality, and a lack of opportunities for young people to gain valuable work experience. In Sweden, efforts are being made to address this issue through various programs and initiatives aimed at reducing youth unemployment and providing support to help young people find meaningful employment opportunities.