Employment in Sweden's Employment Services Sector saw a fluctuating trend from 2013 to 2023. Employment hours increased significantly from 101.8 million in 2013 to 166.38 million in 2023. Particularly notable was the recovery period post-2020, where, despite a substantial drop to 118.53 million hours due to the pandemic, the sector rebounded to 143.12 million in 2021 and continued to grow thereafter. The latest data indicate a 6.87% year-on-year growth in 2023.
Over the last two years, the sector recorded substantial growth rates, with an 8.78% increase in 2022 and 6.87% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years averaged 1.94%, highlighting a moderate but steady recovery from market disruptions.
Looking forward, the sector is forecasted to continue its upward trajectory, with an estimated employment volume of 196.35 million hours by 2028. This translates to a projected 2.63% 5-year CAGR, reflecting consistent growth. Key future trends to watch for include digital transformation within employment services, shifts in workforce demands, and economic recovery trajectories post-pandemic.
