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Friday, May 20, 2022

Unemployment rose slightly

Labour Ministry officials say they’re uneasy over unemployment figures that have been showing a slight rise in recent months. The overall unemployment rate in Norway, however, remains relatively low at just 2.7 percent.

Figures released last week show that the number of totally unemployed persons seeking work rose by 600 in July, to 71,700. The total remains lower than that in the same month last year, however, with 900 fewer persons out of work.

“The labour market is still good, but it bothers me that unemployment over the last four months has risen by 3,000 persons,” Jan-Erik Støstad, state secretary in the Labour Ministry, told newspaper Dagsavisen.

He noted, however, that job creation in Norway’s strong economy has yielded an increase of 66,000 employed persons. The percentage of the population with jobs has also increased.

Rogaland County, the traditional center for Norway’s oil and gas industry, registered the lowest unemployment rate in Norway at just 1.9 percent. The highest unemployment rate was in Østfold County, at 3.9 percent, and Telemark, at 3.6 percent.

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