Unemployment 3.8 per cent
There were 103 000 unemployed persons in Norway in October, corresponding to 3.8 per cent of the labour force.
|October 2014||Change from the previous non-overlapping three-month period|
|1Three-month average named by the middle month.|
|Unemployed persons||103 000||9 000|
|In per cent of the labour force||3.8||0.3|
|Employed persons||2 635 000||-5 000|
|In per cent of the population||68.2||-0.4|
The Labour Force Survey (LFS) shows that the seasonally-adjusted unemployment was 3.8 per cent of the labour force in October (average of September-November). Compared with July (average of June-August), this was up 0.3 percentage points – or 9 000 persons. This increase is within the error margin. The increase in unemployment shown by the LFS came among those aged 25-74.
The number of people registered as unemployed or on government initiatives to promote employment with the Labour and Welfare Administration (NAV) decreased by 1 000 from July to October. This figure is also seasonally adjusted and based on a three-month average.
Small changes in number of employed persons
According to the LFS, the seasonally-adjusted number of employed persons decreased by 5 000 from July to October – a decrease which is within the error margin. During 2014, there has been an increase in the seasonally adjusted number of employed persons aged 25-74 years. Among those aged 24 years or younger, there has been a decrease in this period.
The share of employed persons corresponded to 68.2 per cent of the population aged 15-74 years in October; down 0.4 percentage points from July.