Unemployment at 4.5 per cent
Labour market and earnings;Labour market and earnings
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The Labour Force Survey’s seasonally-adjusted monthly figures show the short-term development in employment and unemployment.

Labour force survey, seasonally-adjusted figuresDecember 2015



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Unemployment at 4.5 per cent

Adjusted for seasonal variations, there were 126 000 unemployed persons in December 2015 – approximately on par with September.

Employment and unemployment for persons aged 15-74. Seasonally-adjusted series1
December 2015Change from the previous non-overlapping three-month period
1Three-month average named by the middle month.
Unemployed persons126 000-2 000
In per cent of the labour force4.5-0.1
Employed persons2 660 00012 000
In per cent of the population67.90.1

The Labour Force Survey (LFS) has shown a gradual increase in unemployment from 3.2 per cent in May 2014 to 4.6 per cent in August 2015. The unemployment rate has been stable since that. The LFS shows that the seasonally adjusted number of unemployed decreased by 2 000 from September (average of August-October) to December (average of November-January). This is a change within the LFS error margin.

In comparison, the number of people registered as unemployed or on government initiatives to promote employment with the Labour and Welfare Administration (NAV) increased by 3 000 from September to December. This figure is also based on seasonally-adjusted figures and three-month averages.

Small changes in employment

The LFS shows that the seasonally-adjusted number of employed persons increased by 12 000 from September to December, a change within the error margin. Since the population aged 15-74 years has increased in the same period, the employment rate has remained stable at about 68 per cent.