Employment Rate in Norway increased to 67.20 percent in the first quarter of 2021 from 67 percent in the fourth quarter of 2020. source: Statistics Norway

Employment Rate in Norway averaged 68.30 percent from 1988 until 2021, reaching an all time high of 71.80 percent in the second quarter of 2008 and a record low of 63 percent in the first quarter of 1993. This page provides - Norway Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Employment Rate - values, historical data and charts - was last updated on August of 2021.

Employment Rate in Norway is expected to be 68.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Norway to stand at 67.58 in 12 months time. In the long-term, the Norway Employment Rate is projected to trend around 67.83 percent in 2022 and 68.01 percent in 2023, according to our econometric models.

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Norway Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
67.20 67.00 71.80 63.00 1988 - 2021 percent Quarterly
NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.80 6.40 1.40 percent [+]
Employed Persons 2699.00 2706.00 2755.00 1885.00 Thousand [+]
Unemployed Persons 103390.00 103201.00 295761.00 38220.00 [+]
Labor Force Participation Rate 70.60 70.30 74.10 60.20 percent [+]
Long Term Unemployment Rate 1.10 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 12.80 10.60 14.80 5.60 percent [+]
Labour Costs 129.20 127.10 145.30 53.30 points [+]
Productivity 112.59 112.90 112.90 57.16 points [+]
Job Vacancies 74600.00 60000.00 84500.00 1395.00 [+]
Wage Growth 2.74 1.21 18.56 1.07 percent [+]
Wages in Manufacturing 112.50 108.80 152.20 78.90 points [+]
Population 5.37 5.33 5.37 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 648.10 658.70 699.00 531.90 Thousand [+]
Full Time Employment 1937.40 1937.30 1960.60 1558.80 Thousand [+]
Employment Change -0.30 0.90 1.40 -2.70 percent [+]
Employment Rate 67.20 67.00 71.80 63.00 percent [+]
Wages 49920.00 48750.00 49920.00 20126.00 NOK/Month [+]


Norway Employment Rate
In Norway, the employment rate measures the number of people who have a job as a percentage of the working age population.