The unemployment rate in Norway in January was 3.6 per cent of the total labour force, according to Statistics Norway, an increase by 0.3 points from the previous survey.
The employment rate, which is employed persons as a percentage of the population aged 15–74, fell from 69.2 per cent in October to 68.7 per cent in January.
Compared with other European nations, unemployment in Norway is still very low:
In Denmark, the seasonally-adjusted unemployment went up from 7.3 per cent in October to 7.4 per cent in January. In Sweden, unemployment remained unchanged at 8.0 per cent during this period.
In the EU15, unemployment increased from 10.9 per cent in October to 11.0 per cent in January. The international figures refer to seasonally-adjusted data from Eurostat.
(NRK/Aftenposten/Press release)
The International Monetary Fund (IMF) has presented its views on the Norwegian economy and Norwegian economic policy, and concludes that the Norwegian economy continues to perform well.(Photo: Finance Minister Sigbjørn Johnsen)..
The Executive Board of the Norwegian Central Bank (Norges Bank) has decided to keep the key policy rate unchanged at 1.5 percent. (Photo Norges Bank Deputy Governor Jan Qvigstad)
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In presenting the revision of the 2013 Fiscal Budget, Finance Minister Sigbjørn Johnsen said the Government proposes a slight strengthening of the budget balance compared to the approved 2013 budget...
The unemployment rate in Norway was 3.5 per cent in February 2013, unchanged from November 2012, according to the latest published figures.
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Speaking at ILO's regional conference in Oslo, Norwegian Priem Minister Jens Stoltenberg said the crisis in Europe is dramatic. A financial crisis has now turned into a jobs crisis...
The Executive Board of the Norwegian Central Bank (Norges Bank) has decided to keep the key policy rate unchanged, at 1.5 per cent. The record low key policy rate has remained unchanged since March 14th last year.
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As the Government began their annnual budget conference, Prime Minister Jens Stoltenberg said he is pleased with the development of the Norwegian economy, but sees challenges ahead in the work to form the budget for 2014.
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In his annual speech, outlining economic perspectives, the Governor of the Norwegian Central Bank, Øystein Olsen called for a more resilient banking sector in Norway.
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The Government has released a white paper discussing challenges and policy options facing the Norwegian economy towards 2060, stating it is likely to be faced with difficult choices in the decades to come.
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Many analysts feared that the global financial crisis and unemployment would also reach Norway this year. Instead, new prognoses show that this will not happen.
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As expected by most analysts, the Norwegian Central Bank (Norges Bank)'s Executive Board has decided to keep the key policy rate unchanged at 1.5 percent.
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