Labor Force Participation Rate in Norway increased to 70.70 percent in the third quarter of 2019 from 70.20 percent in the second quarter of 2019. Labor Force Participation Rate in Norway averaged 69.39 percent from 1972 until 2019, reaching an all time high of 74.10 percent in the second quarter of 2002 and a record low of 60.20 percent in the first quarter of 1974.

Labor Force Participation Rate in Norway is expected to be 70.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Norway to stand at 70.70 in 12 months time. In the long-term, the Norway Labor Force Participation Rate is projected to trend around 71.20 percent in 2020, according to our econometric models.

Norway Labor Force Participation Rate
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Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.40 5.10 2.40 percent [+]
Employed Persons 2721.00 2712.00 2721.00 1991.00 Thousand [+]
Unemployed Persons 77148.00 78600.00 188587.00 38220.00 [+]
Labor Force Participation Rate 70.70 70.20 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.90 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 10.10 9.40 15.70 6.80 percent [+]
Productivity 105.40 102.80 105.40 57.16 Index Points [+]
Labour Costs 139.90 122.30 139.90 53.40 Index Points [+]
Job Vacancies 75700.00 59700.00 78500.00 1395.00 [+]
Wage Growth 3.10 3.35 18.56 1.07 percent [+]
Wages in Manufacturing 109.90 108.00 152.20 78.90 Index Points [+]
Population 5.30 5.26 5.30 3.57 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Part Time Employment 672.50 673.10 699.00 531.90 Thousand [+]
Wages 47220.00 45380.00 47220.00 20126.00 NOK/Month [+]
Employment Change 0.40 0.50 1.50 -0.90 percent [+]
Employment Rate 67.80 67.20 71.80 63.00 percent [+]
Full Time Employment 1906.10 1916.10 1950.10 1558.80 Thousand [+]


Norway Labor Force Participation Rate

The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Norway Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
70.70 70.20 74.10 60.20 1972 - 2019 percent Quarterly
NSA




Country Last Previous
United Kingdom 79.20 Jun/19
France 72.00 Jun/19
Netherlands 71.20 Jul/19
Indonesia 69.20 Dec/18
Switzerland 68.30 Mar/19
Russia 67.70 Mar/19
Singapore 67.70 Dec/18
Australia 66.10 Jul/19
Canada 65.80 Aug/19
Italy 65.80 Jul/19
South Korea 63.30 Aug/19
United States 63.20 Aug/19
Brazil 62.10 Jul/19
Japan 62.10 Jul/19
Germany 61.50 Mar/19
Mexico 60.50 Jun/19
South Africa 59.80 Jun/19
Spain 58.74 Jun/19
Euro Area 57.10 Mar/19
Saudi Arabia 56.40 Mar/19
Turkey 52.80 May/19
India 49.80 Dec/18
Argentina 47.00 Mar/19


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