A continued increase in the announced layoffs

Odfjell-owned Deepsea Atlantic.Hanøytangen: A worker on board Odfjell-owned Deepsea Atlantic. Photo: Tore Meek / NTB scanpix

The number of announced layoffs  from Norwegian employers has tripled in one year.  This  trend continued  throughout December,  the newspaper  Dagens Næringsliv writes.

Recent statistics from Nav, which will be made public on Tuesday, show that  unemployment is likely to continue to increase. In September DN wrote that the number of announced layoffs  had tripled so far in 2015, compared with the previous year, and this trend continued throughout the year.

– These figures give a clear message.  The  number of notifications of dismissals and layoffs in 2015 is more than twice as many as in 2014. Only in December, a total of 4,200 people received notifications of dismissall, says CEO Sigrun Vageng in Nav.

Corporations and other organizations who intend to terminate or lay off  ten employees or more are required to report it to the Nav. They are required to send the report of the notification at least 30 days before the affected people receive the message. Some  of the notified dissmissals of layoffs  may prove to not be implemented, but to Nav  these statistics  is still an important indicator on conditions and trends in the labor market.

– We see that it is likely that the forecasts we have come up with for 2016 may turn out to be correct, says Vageng.

Nav`s forecast implies that the registered unemployment rate will be at 90,000 people on average for 2016, which is 10,000 higher than the average for 2015. Of the roughly 4,000  notifications they received in December, 70 percent was from the oil production or industry.


Source: NTB scanpix / Norway Today