At the end of August, 140,200 fully and partially unemployed people, as well as job seekers, were registered at the NAV. That makes up 5% of the workforce.
According to the NAV, that is 11,500 fewer than at the end of July, adjusted for seasonal variations.
“The improvement in the labor market continued in August… However, the number of partially unemployed people is still high,” NAV chief Hans Christian Holte noted.
Furthermore, 75,800 people were registered as completely unemployed at the end of August, which constitutes 2.7% of the labor force.
“It is very gratifying to see that more people are returning to work. Unemployment is approaching the level before the corona crisis, which indicates that the government’s targeted measures to speed up Norway have worked,” Minister of Labor and Social Affairs Torbjørn Røe Isaksen (H) told NTB.
Record number of jobs
Prime Minister Erna Solberg (H) says that arrangements must be made for more jobs to be created and for even more people to be included in working life.
She says the Conservatives’ goal is for four out of five jobs to be created in the private sector.
“There is a record number of vacancies, and several companies say that they are struggling to get enough labor.
“This suggests that many of those who are outside working life have the opportunity to get back in,” Isaksen stated.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance
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