Unemployment still falling
Labour market and earnings;Labour market and earnings
akumnd, Labour force survey, seasonally-adjusted figures, LFS, labour market, employees, unemployed, economically active, man-weeks worked, labour forceUnemployment , Employment , Labour market and earnings

Labour force survey, seasonally-adjusted figuresAugust 2006



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Unemployment still falling

From May to August, unemployment fell by 12 000. The figures presented in this article are adjusted for seasonal variations.

This led to an unemployment rate of 3.3 per cent of the labour force in August. The decline in unemployment from May (the April-June period) to August (July-September) 2006 is consistent with the development since the summer of 2005. The last bottom level was in the beginning of 1999. The seasonally adjusted unemployment rate then was 2.8 per cent.

Seasonally adjusted figures of registered unemployment at job centres show a decline of 5 000 people from May to August 2006.

Unemployed (LFS), registered unemployed and registered unemployed plus government measures to promote employment. Seasonally adjusted figures, three-month moving average in 1 000. 1997-2006.

Labour force, employees and man-weeks worked. Seasonally adjusted figures, three-month moving average in 1 000. 1997-2006.

Employment increased by 17 000 people from May to August 2006, according to seasonally adjusted figures from the Labour Force Survey (LFS). This is approximately on level with the LFS error margin, but still consistent with the upward trend in the employment figures since the summer of 2005.

Unemployment also down in Denmark

The seasonally adjusted unemployment rate for Norway was 3.3 per cent in August 2006, compared with 3.8 per cent in May. The rates for the EU15- and OECD-area stayed unchanged at 7.4 and 6.1 per cent respectively. In the same period, unemployment rose from 4.6 to 4.7 per cent in the USA. From May to August, the rate fell from 4.1 to 3.7 per cent in Denmark. There was an increase from 7.7 to 7.8 per cent in Finland and from 8.4 to 8.5 per cent in Germany, while unemployment went down from 9.1 to 8.8 per cent in France, according to figures from the OECD and Eurostat .

Seasonally adjusted unemployment in selected countries. Percentage of the labour force. August 2006.

From May to August 2006, the number of man-weeks worked fell by 16 000, which is inside the LFS error margin. After a period of growth since the beginning of 2004, the man-weeks worked figures have been stable in 2006.

Changes in the LFS from 2006

With effect from January 2006, some improvements have been made in the Norwegian LFS. This will make the employment and unemployment figures more comparable with figures from the EU-countries. In addition, actual working hours will be measured more accurately. Therefore, the changes have lead to a level shift in the LFS figures. To maximize the comparability before/after 2006, the figures for the months in 2006 have been calculated according to the LFS prior to the changes.

Employment (LFS). Seasonally adjusted figures and trend figures. Three-month moving average in 1 000. 1999-2006.

Unemployment (LFS). Seasonally adjusted figures and trend figures. Three-month moving average in 1 000. 1999-2006.

Quarterly LFS figures, i.e. not seasonally adjusted, are presented in a separate article . The belonging tables contain figures for the third quarter of 2006, both according the LFS before and after the change. This will give an insight in the effects of the LFS changes on the various figures. For more details on the LFS, the seasonal adjustment method and the changes in the LFS, you can click on the links at the left side of this page.

Uncertain figures

The purpose of making adjustments for seasonal variations is to describe the development over the last year and provide figures of change between the last two three-month periods, corrected for normal seasonal variations. In order to reduce uncertainty, the published series are three-month moving averages of the seasonally adjusted figures. For instance, the figures for August represent the average of the estimates for July, August and September.