Unemployment 3.7 per cent
There were 102 000 unemployed persons in Norway in August, up from 88 000 in May.
|August 2014||Change from the previous non-overlapping three-month period|
|1Three-month average named by the middle month.|
|Unemployed persons||102 000||14 000|
|In per cent of the labour force||3.7||0.5|
|Employed persons||2 637 000||-2 000|
|In per cent of the population||68.4||-0.3|
The Labour Force Survey (LFS) shows that the seasonally-adjusted unemployment was 3.7 per cent of the labour force in August (average of July–September), up from 3.2 per cent in May (average of April–June). Unemployment increased among both sexes and among those aged 25-74 years and the under 25s.
The seasonally-adjusted unemployment figure increased by 14 000 from May to August. By comparison, 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 during this period. This figure is also seasonally adjusted and based on a three-month average.
Small change in employment
According to the LFS, the seasonally-adjusted number of employed persons decreased by 2 000 from May to August – a decrease which is within the error margin . From August 2013 to August 2014, the seasonally-adjusted number of employed persons increased by 20 000. The growth in employment was among those aged 25-74 years, while there was a decrease among those aged 24 years or younger.
In August, the share of employed persons corresponded to 68.4 per cent of the population aged 15-74 years; down 0.3 percentage points from May.