Only 3.2% of the Norwegian labor force was unemployed in January

NAV - unemployedPhoto: Gorm Kallestad / NTB

Since June last year, unemployment in Norway has fallen rapidly. From October last year to January this year, there were 13,000 fewer unemployed workers.

In the same period, the number of jobs increased by 18,000, according to the labor force survey from Statistics Norway (SSB).

“Unemployment has fallen sharply since June last year, and during the same period, there has been high growth in the number of jobs. But the increase in the number of jobs has recently begun to flatten out somewhat,” section manager Tonje Køber at Statistics Norway warned.

Large variations

There were 2,300 new jobs from December to January, but there are large variations between industries.

The largest job increase was reported in the health sector, where 3,500 new jobs were created. Within construction, 3,100 new jobs appeared.

“The development related to jobs can be seen in connection with the corona situation around the turn of the year,” Køber added.

In June last year, unemployment was still at 4.9%, while the peak level during the pandemic was 5.3%.

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

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