Sweden has a relatively high employment rate compared to many other countries. The Swedish employment rate is higher than the average for both the EU-28 and the EU-15. In 2016, Iceland, Switzerland and Sweden recorded the highest employment rates in Europe (20-64 years).
The employment rate is the share of the working age population currently holding an employment. The employment rate in Sweden is high compared to the average of both the EU-28 and the EU-15.
The Swedish employment rate increased particularly much during the 1970s, the decade that saw the conclusion of a development beginning in the 1960s in which most Swedish women who had not already done so entered the labour market.
The employment rates of most countries fell in 2009 as a consequence of the financial crisis and the subsequent recession.
Comparisons between the employment rates of different countries ought to be made with some care due to differences in the structures of the labour markets. One example is the design of labour market programmes, because participants in some of these programmes are included in employment statistics as holding an employment.