Employment in the Financial Services Sector in Sweden has demonstrated a complex trend from 2013 to 2023. Following a decline between 2013 and 2017, a significant recovery began in 2018, culminating in a robust year-over-year growth. The sector reached 194.78 million hours in 2023. Notably, there was a marked acceleration in growth starting in 2020, highlighted by a 14.36% year-on-year increase in 2020, followed by substantial annual increments through 2023.
In terms of future trends:
- An average annual growth rate (CAGR) of 1.79% is expected from 2024 to 2028.
- The sector is anticipated to grow by 9.28% over these five years.
- Key factors to watch include technological advancements, regulatory changes, and economic conditions impacting labor demand in financial services.