Norway’s seasonally adjusted unemployment rate stood at 4.9% in March 2026, unchanged from the previous month and remaining at its highest level since August 2025. The number of unemployed persons held steady at 150 thousand. At the same time, the employment rate eased to 69.6% from 70.0%, as the number of employed individuals fell by 16 thousand to 2.915 million. The labor force participation rate likewise declined to 73.2% from 73.6% in February. Meanwhile, the youth unemployment rate, which covers those aged 15 to 24, rose to 15.2%, the highest since November 2025, from 14.6% in the previous month. source: Statistics Norway
Unemployment Rate in Norway remained unchanged at 4.90 percent in March. Unemployment Rate in Norway averaged 4.08 percent from 1983 until 2026, reaching an all time high of 6.80 percent in March of 1993 and a record low of 2.10 percent in November of 1986. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.
Unemployment Rate in Norway remained unchanged at 4.90 percent in March. Unemployment Rate in Norway is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Unemployment Rate is projected to trend around 4.10 percent in 2027 and 3.80 percent in 2028, according to our econometric models.