Factsheet for measure
SE-2008-5/2485
–
Updated
– measures in Sweden
The Public Employment Service's forecast ('the occupational compass')
Arbetsförmedlingen (Yrkeskompassen)
Background information
The Occupational Compass is a web-based service presenting labour market information and outlooks for almost 200 occupations over the next 1 to 5 years.
The occupational compass was created so that person’s about to choose their occupational path could choose on with some foreseen security and stability in employment prospects. The compass was also expected to be helpful for persons working with offering labour market guidance.
Content of measure
The Occupational Compass covers the largest and most common occupations in the labour market and professions. It covers about 80% of employment options in the labour market. Forecasts are made for one year and five years into the future. Occupations involving very few employees are not covered.
It is targeting those who are about to choose their future occupation and those who are working with outplacement or counselling services. The Occupational Compass is updated, revised and published twice a year. The short-term forecasts on one-year-basis are done at the local level, while the long-term forecasts (5 years) are only done at the national level.
Updates
The following updates to this measure have been made after it came into effect.
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23 September 2024
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Occupational forecasts and assessments are now divided under three services at the Public Employment Service, of which the compass now goes under the name of 'Occupational barometer'. The first publication under the Barometer was done in the Spring of 2024. Occupations are still based on the same classifications as earlier, but some methodological adjustments have been made since 2020 to improve labour market assessments by occupation and county.
The current assessments are broken down by occupation and county and are based on a percentage of failed recruitment attempts, share of part-time workers and those who leave their occupation, unemployment levels, and rates of new recruitments.
The occupational prognosis is done by calculating the change in demand by occupation and county between the current year and five years ahead, taking into account demographic trends. The forecast can also be adjusted according to known and expected large company establishments that will affect a certain county.
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Use of measure
This is one of few labour market forecasts that provides detailed projections at the occupational level. The annual assessment is based on the individual local employment offices' forecasting. The results are then summarised to a regional and national assessment. In a government report, some doubts on the quality of the local offices' forecasts accuracy were raised.
Target groups
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Workers
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Businesses
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Citizens
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Applies to all workers
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Does not apply to businesses
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Applies to all citizens
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Actors and funding
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Actors
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Funding
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National government
Public employment service
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Unknown
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Unknown
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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Unknown
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Main level of involvement: Unknown
Involvement
Unknown
Views and reactions
Unknown
Sources
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01 January 2018: European Comission (2018) The Occupational Compass (Yrkeskompassen)
(www.bing.com)
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23 September 2024: Arbetförmedlingen (2024a) 'Beskrivning av metoden för Arbetsförmedlingens yrkesbarometer'
(www.jobtechdev.se)
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04 October 2024: Arbetsförmedlingen (2024b) 'Yrkes- och kompetensanalyser'
(arbetsformedlingen.se)
