Norway's seasonally adjusted unemployment rate increased to 3.6 percent in the three months to July 2019 from 3.5 percent in the February-April 2019 period and beating market expectations of 3.4 percent. This was the highest jobless rate since January-March 2019 period, as the number of unemployed rose by 3,000 to 102,000 while the number of employed increased by 4,000 to 2.721 million. A year earlier, the unemployment rate was higher at 3.8 percent. Unemployment Rate in Norway averaged 3.66 percent from 1997 until 2019, reaching an all time high of 5.10 percent in January of 2016 and a record low of 2.40 percent in October of 2007.

Unemployment Rate in Norway is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Norway to stand at 3.40 in 12 months time. In the long-term, the Norway Unemployment Rate is projected to trend around 3.60 percent in 2020, according to our econometric models.

Norway Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-23 06:00 AM Unemployment Rate Mar 3.5% 3.8% 3.7% 3.7%
2019-06-26 06:00 AM Unemployment Rate Apr 3.2% 3.5% 3.5% 3.5%
2019-07-25 06:00 AM Unemployment Rate May 3.4% 3.3% 3.3% 3.2%
2019-08-21 06:00 AM Unemployment Rate Jun 3.6% 3.4% 3.4% 3.4%
2019-09-25 06:00 AM Unemployment Rate Jul 3.6% 3.4%
2019-10-24 06:00 AM Unemployment Rate Aug 3.3%
2019-11-27 07:00 AM Unemployment Rate Sep 3.3%


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 Unemployment Rate

In Norway, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.40 5.10 2.40 1997 - 2019 percent Monthly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 12.80 May/19
Brazil 11.80 Jul/19
Argentina 10.10 Mar/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.20 Jul/19
Indonesia 5.01 Mar/19
Russia 4.50 Jul/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.40 Jul/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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