Youth Unemployment Rate in Norway increased to 12.80 percent in the first quarter of 2021 from 10.60 percent in the fourth quarter of 2020. source: Statistics Norway

Youth Unemployment Rate in Norway averaged 10.63 percent from 1988 until 2021, reaching an all time high of 14.80 percent in the first quarter of 1992 and a record low of 5.60 percent in the fourth quarter of 2007. This page provides the latest reported value for - Norway Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Youth Unemployment Rate - values, historical data and charts - was last updated on July of 2021.

Youth Unemployment Rate in Norway is expected to be 13.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Norway to stand at 12.30 in 12 months time. In the long-term, the Norway Youth Unemployment Rate is projected to trend around 12.20 percent in 2022 and 12.00 percent in 2023, according to our econometric models.

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Norway Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.80 10.60 14.80 5.60 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 103201.00 112509.00 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 658.70 639.60 699.00 531.90 Thousand [+]
Full Time Employment 1937.30 1957.80 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 [+]