Sweden unemployment likely to edge down in March

Sweden unemployment rate is likely to edge down in March. Robust employment growth and favorable panel effects will probably explain the drop.

Labour market trends is not the focal point for the Riksbank, while inflation and the SEK are. Thus, the gradually falling unemployment and the strong indicators for employment will not stop the Riksbank from taking more action (Tue). 

Nordea Research says - "We expect unemployment to decline to 7.7% in March from 7.9% in February (the Labour Force Survey, seasonally adjusted). Unemployment will average 7.8% for Q1 if our forecast proves right."