Tag: economy

Job uncertainty grips Norwegians

After reaping the benefits of a super-strong economy and enormous wealth creation for the past decade, Norwegians now face rising uncertainty as jobs disappear following the sharp...

Labour loses as unemployment rises

While many Norwegian politicians still hesitate to use the word "crisis" when describing the consequences of much lower oil prices for Norway's economy, rising unemployment...

Another 160 jobs lost, at Wärtsila

The Norwegian operations of Wärtsila, a major supplier to the oil and offshore industry, announced Thursday it was cutting so many jobs that as many as 160...

Law firm hosts seminars for foreign workers facing layoff

UPDATED: A law firm in Stavanger, a city hit hard by the ongoing downturn in the oil and offshore industry, decided to host an...

Another 700 oil industry jobs disappear

More than 700 people working in the oil industry have lost their jobs so far this summer, reports DNB Markets. An overview prepared by DNB's...

Coping with the impact of a job loss

There's no denying it, writes Dr Nicola McCaffrey: "Whichever way you look at the figures, the number of people out of work in Norway...

Laid-off expats denied benefits

As layoffs in the oil industry abound, many foreign workers and expatriates who've lost their jobs in Norway are discovering that they're being denied unemployment...

Krone falls again along with oil prices

Norway's krone has weakened once again in line with another fall in oil prices. The new signals of economic unrest also set off a...

Norway’s ‘krone’ caught in a storm

UPDATED: Never before has Norway's currency, the krone, had a more unstable summer, according to analysts in Oslo. It's as unstable as the weather...

Best summer ever for Hurtigruten

Norway's iconic coastal shipping line Hurtigruten is sailing through what's likely to become its best summer season ever this year. Rainy and chilly weather in...
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