Malmö is a growing city. In 20 years, Malmö has about 60,500 new workplaces. At the same time, Malmö faces challenges regarding unemployment.
Workplaces in Malmö
The trend of the number of new workplaces in Malmö has increased by about 60,500 (2019, SCB) over the past 20 years. It is primarily the areas of business services, education and the hotel and restaurant sector that have increased over the past 10 years.
Employment rate in Malmö
The employment rate in Malmö is 68.6 per cent. Malmö's employment rate is lower than the other large cities and the national average (79.3 per cent), but has increased successively since 2009. (RAMS SCB)
Commuters to and from Malmö
Approximately 7,400 Malmö residents commuted from Malmö to Denmark during the third quarter of 2017 (Ørestat). 74,041 people commuted to Malmö from other municipalities, while 35,897 people commuted to other municipalities in Sweden from Malmö. (2019, SCB)
Unemployment in Malmö
Unemployment in Malmö is increasing. In comparison with the national level of 8.5 % (percentage of the work force in December 2020), unemployment in Malmö remains at a high level. Unemployment is higher for men at 17.0 per cent than for women at 14.9 per cent (December 2020, Swedish Public Employment Service).
Despite the fact that there are many employment opportunities in Malmö, a large percentage of job-seekers are far removed from the job market. This is due to the discrepancy between job-seekers' competence and the demands from employers.
Youth unemployment in Malmö
Youth unemployment is increasing in Malmö. The overall percentage of unemployed persons ages 18-24 in Malmö is 17.8 per cent. Youth unemployment is higher for men at 20.9 per cent than for women at 15.6 per cent. Unemployment is higher among youths born abroad and particularly high among young men ages 18–24 who were born abroad. (December 2020)