Labor Force Participation Rate in Norway decreased to 70.50 percent in the fourth quarter of 2019 from 71.30 percent in the third quarter of 2019.

Labor Force Participation Rate in Norway averaged 69.40 percent from 1972 until 2019, reaching an all time high of 74.10 percent in the second quarter of 2002 and a record low of 60.20 percent in the first quarter of 1974. This page provides - Norway Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Norway

Labor Force Participation Rate in Norway is expected to be 70.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Norway to stand at 70.90 in 12 months time. In the long-term, the Norway Labor Force Participation Rate is projected to trend around 71.00 percent in 2020, according to our econometric models.


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Norway Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.50 71.30 74.10 60.20 1972 - 2019 percent Quarterly
NSA

Norway Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 3.80 5.10 2.40 percent [+]
Employed Persons 2733.00 2731.00 2745.00 1991.00 Thousand [+]
Unemployed Persons 76678.00 76719.00 188587.00 38220.00 [+]
Labor Force Participation Rate 70.50 71.30 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.80 0.70 2.00 0.30 percent [+]
Youth Unemployment Rate 10.00 10.20 15.70 6.80 percent [+]
Productivity 103.98 105.40 105.40 57.16 points [+]
Labour Costs 127.00 139.90 139.90 53.40 points [+]
Job Vacancies 65800.00 84500.00 84500.00 1395.00 [+]
Wage Growth 3.64 3.10 18.56 1.07 percent [+]
Wages in Manufacturing 105.30 109.90 152.20 78.90 points [+]
Population 5.30 5.26 5.30 3.57 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Part Time Employment 678.70 672.60 699.00 531.90 Thousand [+]
Wages 45900.00 47180.00 47220.00 20126.00 NOK/Month [+]
Employment Change 0.30 0.40 1.50 -0.90 percent [+]
Employment Rate 67.90 68.60 71.80 63.00 percent [+]
Full Time Employment 1960.60 1932.40 1960.60 1558.80 Thousand [+]