Labor Force Participation Rate in Norway increased to 70.70 percent in the third quarter of 2018 from 70.40 percent in the second quarter of 2018. Labor Force Participation Rate in Norway averaged 69.37 percent from 1972 until 2018, 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 69.60 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 69.90 in 12 months time. In the long-term, the Norway Labor Force Participation Rate is projected to trend around 70.90 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 4.00 4.00 5.10 2.40 percent [+]
Employed Persons 2706.00 2704.00 2706.00 1991.00 Thousand [+]
Unemployed Persons 80751.00 80020.00 188587.00 38220.00 [+]
Labor Force Participation Rate 70.70 70.40 74.10 60.20 percent [+]
Long Term Unemployment Rate 1.00 1.20 2.00 0.30 percent [+]
Youth Unemployment Rate 10.10 9.70 15.70 6.80 percent [+]
Productivity 120.26 120.11 124.44 61.77 Index Points [+]
Labour Costs 122.00 134.20 134.20 53.40 Index Points [+]
Job Vacancies 68400.00 75200.00 78500.00 1395.00 [+]
Wage Growth 2.42 2.70 18.56 -33.70 percent [+]
Wages in Manufacturing 101.60 106.60 152.20 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 671.40 663.10 699.00 531.90 Thousand [+]
Wages 45570.00 45630.00 45630.00 20126.00 NOK/Month [+]
Employment Change 0.30 0.50 1.60 -1.00 percent [+]
Employment Rate 67.60 66.80 71.80 63.00 percent [+]
Full Time Employment 1911.70 1889.30 1922.10 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
70.70 70.40 74.10 60.20 1972 - 2018 percent Quarterly
NSA




Country Last Previous
United Kingdom 79.00 Sep/18
France 72.30 Sep/18
Indonesia 69.20 Dec/18
Switzerland 68.40 Jun/18
Singapore 67.70 Dec/17
Italy 65.80 Oct/18
Australia 65.60 Oct/18
Canada 65.40 Nov/18
Netherlands 64.20 Jun/18
South Korea 63.40 Nov/18
United States 62.90 Nov/18
Russia 62.80 Oct/18
Japan 62.00 Oct/18
Brazil 61.70 Sep/18
Germany 60.90 Jun/18
Mexico 59.50 Sep/18
South Africa 59.50 Sep/18
Spain 58.73 Sep/18
Euro Area 57.20 Jun/18
Saudi Arabia 56.20 Jun/18
Turkey 53.40 Sep/18
India 52.50 Dec/13
Argentina 46.40 Jun/18


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