Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Sweden
LMJVTTUVSEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149,152.60
Year-over-Year Change
75.24%
Date Range
7/1/1961 - 10/1/2023
Summary
The Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Sweden trend measures the number of unfilled job openings in the Swedish labor market. This metric is a key indicator of labor market tightness and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the total number of open job positions that employers in Sweden have been unable to fill. It provides insight into the balance between labor supply and demand, with implications for wage growth, inflation, and policy considerations.
Methodology
The data is collected through surveys of Swedish employers and businesses.
Historical Context
Policymakers and analysts use this trend to assess the health of the Swedish economy and guide decisions around monetary and fiscal policy.
Key Facts
- Sweden's unfilled vacancies reached a record high in 2022.
- Job openings have grown faster than new hires, signaling a tightening labor market.
- Unfilled vacancies are a leading indicator of economic conditions in Sweden.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of job openings in Sweden that employers have been unable to fill, providing insight into labor market tightness.
Q: Why is this trend relevant for users or analysts?
A: The unfilled vacancies trend is a key indicator of economic activity and labor market conditions, with implications for wage growth, inflation, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish employers and businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of the Swedish economy and guide decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, so there may be some delay in the most recent figures.
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Citation
U.S. Federal Reserve, Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Sweden (LMJVTTUVSEQ647S), retrieved from FRED.