Norway Unemployment Rate  1997-2017 | Data | Chart | Calendar | Forecast

Norway's seasonally adjusted unemployment rate fell to 4.3 percent in the three months to March 2017 from 4.7 percent in the October to December period and matching market consensus. The number of unemployed dropped by 11,000 from the previous non-overlapping three-month period to 120,000 while the number of employed went up by 9,000 to 2.65 million. A year earlier, the unemployment rate was recorded at 4.7 percent. Unemployment Rate in Norway averaged 3.57 percent from 1997 until 2017, 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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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-22 07:00 AM Dec 4.4% 4.7% 4.7% 4.8%
2017-03-22 07:00 AM Jan 4.2% 4.4% 4.5% 4.5%
2017-04-27 06:00 AM Feb 4.3% 4.2% 4.3% 4.2%
2017-05-24 06:00 AM Mar 4.3% 4.3% 4.2%
2017-06-21 06:00 AM Apr 4.3%
2017-07-27 06:00 AM May 4.3%




Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.20 5.00 2.30 percent [+]
Employed Persons 2647.00 2638.00 2661.00 2341.00 Thousand [+]
Unemployed Persons 97161.00 97872.00 188587.00 22.00 [+]
Labor Force Participation Rate 69.80 71.20 74.40 60.20 percent [+]
Long Term Unemployment Rate 1.20 1.10 2.00 0.30 percent [+]
Youth Unemployment Rate 10.10 9.80 15.70 6.50 percent [+]
Productivity 124.44 123.60 124.44 61.77 Index Points [+]
Labour Costs 115.30 124.40 124.40 53.40 Index Points [+]
Job Vacancies 49000.00 51200.00 78500.00 1395.00 [+]
Wages in Manufacturing 152.00 155.80 155.90 78.90 Index Points [+]
Wage Growth 6.00 11.60 18.56 6.00 percent [+]
Population 5.21 5.17 5.21 3.57 Million [+]
Retirement Age Women 67.00 67.00 67.00 67.00 [+]
Retirement Age Men 67.00 67.00 67.00 67.00 [+]
Employment Change 0.10 0.10 1.60 -1.00 percent [+]
Employment Rate 73.90 74.70 74.70 63.00 percent [+]
Full Time Employment 1882.30 1911.80 1916.20 1558.80 Thousand [+]
Part Time Employment 649.70 643.10 699.00 531.90 Thousand [+]
Wages 43400.00 42300.00 43400.00 20126.00 NOK/Month [+]


Norway Unemployment Rate Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.20 5.00 2.30 1997 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Switzerland 3.30 Apr/17
Mexico 3.19 Mar/17
Japan 2.80 Mar/17