While official statistics show falling unemployment and employment returning to peak levels, a growing number of Swedes are becoming "part-time unemployed," according to economic analysis reported by Swedish media. Alexandra Stråberg, chief economist at Länsförsäkringar, cautions that the positive labor market trends may not tell the full story. According to Statistics Sweden data, the number of employed people has nearly returned to peak levels from two to three years ago, and unemployment has begun to decline, albeit from high levels.
However, Stråberg points to a concerning trend in worked hours, which has been pointing downward over the past three years. "That doesn't tell the whole truth. If we look at worked hours, for example, that trend has pointed down over the past three years," Stråberg stated in an interview with Svenska Dagbladet.
That doesn't tell the whole truth. If we look at worked hours, for example, that trend has pointed down over the past three years,