NAV: Unemployment in Norway fell to 4% in November

NAVPhoto: Gorm Kallestad / NTB

According to the NAV, unemployment fell by 8,800 job seekers to a total of 4% in November.

At the end of November, 114,500 fully or partially unemployed people and job seekers were registered for measures at the NAV. That makes up 4.0% of the Norwegian labor force. 

There were 8,800 fewer job seekers at the end of November than at the end of October, adjusted for seasonal variations.

“There are many opportunities for job seekers in the labor market now, and there are fewer and fewer unemployed people. 

“In the last ten years, the number of completely unemployed people in November has only been as low in 2019,” NAV chief Hans Christian Holte stated.

He emphasized that the omicron variant creates somewhat greater uncertainty for further labor market developments.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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