Unemployment up to 3.9 percent
There were 110,000 unemployed in Norway in September. This represents 3.9 percent of the workforce and is up 0.3 percentage points from June.
There are 8,000 more unemployed people than in June, measured as the average for the period August to October, according to Statistics Norway’s statistics from Statistics Norway. The increase is within the margin of error,
The Labor Force Survey (LFS) shows average unemployment over three-month periods. The September unemployment rate is thus an average of the months of August, September and October.
According to the LFS, 12,000 more were employed from June to September, adjusted for seasonal variations. This change is also within the margin of error in the LFS.
Since there have been both more employed and more unemployed, this means that the workforce has grown by 20,000 people from June to September. This corresponds to an increase of 0.4 percentage points in labor force participation, which is the labor force as a percentage of the population.
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
