Norway Unemployment Rate

Norway’s seasonally adjusted unemployment rate dropped to 4.4 percent in the three months to December of 2016 from 4.7 percent in the September to November period and below markets consensus of 4.7 percent. It was the lowest jobless rate since July 2015. The number of unemployed dropped by 12,000 from the previous three months to 122,000 while the number of employed went down by 22,000 to 2,637,000. A year earlier, the unemployment rate was recorded at 4.6 percent. Unemployment Rate in Norway averaged 3.56 percent from 1997 until 2016, reaching an all time high of 5 percent in July of 2016 and a record low of 2.30 percent in April of 2008.

Norway Unemployment Rate

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In Norway, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for – Norway Unemployment Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Unemployment Rate – actual data, historical chart and calendar of releases – was last updated on February of 2017.