The Norwegian Labour and Welfare Administration (NAV) has analyzed the labor market trends towards 2035. They predict that the labor market will become more unstable and that people must expect more frequent job changes.
Additionally, the NAV expects that Norway will lack manpower in particular vocational and health sciences, that there is an increased risk that more people will end up outside working life and that people will have to update their skills more often, according to Norwegian Broadcasting (NRK).
“The corona pandemic is accelerating the need for adjustment in working life. Both employers and employees must be prepared for the fact that working life can change quite quickly,” NAV director Hans Christian Holte noted.
The NAV also noted that the aging and more centralized population would challenge the welfare state.
“A huge paradox”
Unskilled people in low-skilled jobs, in particular, risk ending up outside working life, and there is also a risk that income disparities will continue to increase.
Meanwhile, as highly educated and vocationally trained people as a group will have low unemployment, employers will struggle to find manpower.
“We will see both more people who risk ending up outside working life, at the same time as we will have a greater need for labor. It is a huge paradox,” Minister of Labor and Social Affairs Torbjørn Røe Isaksen (H) said.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews
Do you have a news tip for Norway Today? We want to hear it. Get in touch at email@example.com