Norway’s seasonally adjusted unemployment rate rose to 4.9% in February 2026 from 4.6% in the previous month, marking the highest level since August 2025. The number of unemployed persons increased by 9 thousand month-on-month to 150 thousand. Meanwhile, the employment rate rose to 70.0% from 69.1%, as the number of employed individuals grew by 38 thousand to 2.929 million. The labor force participation rate also jumped to 73.6% from 72.5% in January. At the same time, the youth unemployment rate, which measures job seekers aged 15 to 24, edged up to 14.6% from 14.2% in the prior month. source: Statistics Norway
Unemployment Rate in Norway increased to 4.90 percent in February from 4.60 percent in January of 2026. 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 March of 2026.
Unemployment Rate in Norway increased to 4.90 percent in February from 4.60 percent in January of 2026. Unemployment Rate in Norway is expected to be 4.50 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.