Norway Unemployment Rate

Unemployment Rate in Norway decreased to 3.50 percent in February of 2013 from 3.60 percent in January of 2013. Unemployment Rate in Norway is reported by the Statistics Norway. Historically, from 1997 until 2013, Norway Unemployment Rate averaged 3.44 Percent reaching an all time high of 4.70 Percent in July of 2005 and a record low of 2.30 Percent in March of 2008. In Norway, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Norway Unemployment Rate.

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Norway Unemployment Rate
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Unemployment Rate | Notes

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.






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