Technological change and the Swedish labor market

Author: Georg Graetz, And

Summary of Working paper 2020:19

This report takes stock of recent research into the effects of technology on the labor market; assesses to what extent the Swedish labor market has been affected by technological change in the past three decades, in particular with respect to the themes highlighted by the research; and draws lessons for the future. The main conclusion is that so far, the Swedish labor market has adopted well to technological change, as it exhibits stable employment rates and steady wage growth across the distribution. Furthermore, there are no clear signs that this situation should change in the coming decades.

Key words: Technology, employment, wages, the Swedish economy
JEL codes: J21, J23, J24, J31, O30, O52