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Slight increase in unemployment

NAVLogo NAV. Photo Norway Today Media

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There were 102,000 unemployed persons in June. This represents 3.6 percent of the workforce, adjusted for seasonal variations. This is up 0.1 percentage points from March.

There are 3,000 more unemployed people than in March, measured as the average for the period of February to April, according to statistics taken from Statistics Norway. The increase is clearly within the margin of error.

The Labor Force Survey (LFS) shows average unemployment over three-month periods. The June unemployment rate is thus an average of the months of May, June and July.

According to the LFS, 4,000 more people were unemployed from March to June, adjusted for seasonal variations. This increase is also within a margin of error in the LFS.

Since there has been an increase in both the unemployed and the employed, this means that there has been an increase in the labor force.

Statistics Norway’s LFS figures are one of two sets used to measure unemployment in Norway. Nav’s overview is the other. While Statistics Norway is based on a quarterly interview survey, Nav counts the number of registered unemployed. Statistics Norway’s survey also includes people who apply for work without registering with Nav.

© NTB Scanpix / #Norway Today

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