This is an archived release.
Stable labour market
Both employment and unemployment remained stable from May to August. The unemployment rate was 3.4 per cent of the labour force in August.
Adjusted for seasonal variations, the Labour Force Survey (LFS) shows that the number of unemployed persons was reduced by 5 000 people, or 0.2 percentage points, from May (average April-June) to August (average July-September). The decrease is within the margin of error in the LFS.
The unemployment rates for June (average May-July) and July (average June-August) have been revised up by 0.1 percentage point, ending at 3.6 and 3.4 per cent respectively.
In comparison, seasonally-adjusted figures for those registered unemployed with the Labour and Welfare Organisation (NAV), including government initiatives to promote employment, fell by about 1 000. These figures have also been adjusted for seasonal variations.
Employment remained stable in the period. From May to August the LFS shows an increase of 2 000 employees. The increase is within the error margin of the LFS.
The labour force is the total of employed and unemployed between 16-74 years of age. From May to August employment rose by 2 000 and unemployment fell by 5 000. This gives a decrease in the labour force of 3 000 people.
The coherence between the concepts
Unemployed + Employed = Labour force
Labour force + Outside the labour force = Population
Decrease in unemployment in Sweden and Denmark
Between May and August, Sweden saw a decrease in unemployment of 0.5 percentage points, and the unemployment rate in July ended at 8.7 per cent. The unemployment rate in Denmark had a decrease of 0.4 percentage points in the same period, ending at 6.9 per cent. Both EU-15 and USA had a decrease of 0.1 percentage point from May to August, ending at 9.6 and 9.5 per cent respectively. All figures refer to seasonally-adjusted data from Eurostat .
Employment and unemployment figures include permanent residents
The LFS only includes persons who are registered as residents in the population register. Persons working in Norway who are not registered as permanent residents or who are planning to stay for less than six months are not included in the employment figure in the LFS. If these people lose their job, it does not count as a fall in employment or a rise in unemployment. In national accounts figures (NR), employed non-residents are included in the employment figure as long as they work in an establishment in Norway. If employment decreases in this group it will count as a fall in employment in NR. Statistics Norway publishes separate figures for all registered non-residents once a year. See short-term immigrants .
The purpose of making seasonal adjustments is to describe the development over the last year, corrected for seasonal variations. In order to reduce uncertainty, the published series are three-month moving averages of the seasonally-adjusted figures. However, uncertainty means that sampling errors must be considered when interpreting the figures from the LFS. We normally compare the latest non-overlapping three-month periods. An overview of sampling errors in the LFS can be found in “ About the statistics ”, chapter 5 section 3.
Quarterly LFS figures, not seasonally adjusted, are presented in a separate article .