Summary

In this Economic Commentary, we analyse how labour market matching in Sweden has changed since the early 2000s...

What is labour market matching?

The Beveridge curve – an illustration of matching efficiency

Outward shifts in the Beveridge curve are explained by crises and changes in the composition of the unemployed

Estimated matching function – job-finding rate varies with the economic situation

Other indicators give a mixed picture of matching efficiency

High unemployment suggests poor matching efficiency Sharp increase in employment rate among foreign-born persons suggests improved matching efficiency since the pandemic Do lower labour shortages indicate reduced matching problems?

Conclusions

References

Authors: Iida Häkkinen Skans and Pernilla Wasén

Labour market matching in Sweden

NR 1 2025, 13 January