May 29, 2024
Norway’s unemployment rate increased for the second straight month in April, the labor force survey data from Statistics Norway showed.
The seasonally adjusted jobless rate came in at 4.3 percent in April, up from 4.0 percent in March.
In the corresponding month last year, the rate was 3.5 percent.
The number of unemployed people increased to 131,000 in April from 119,000 in the prior month, the agency said.
Data showed that the employment rate rose slightly to 69.8 percent from 69.6 percent.
On a trend basis, the unemployment rate stood at 4.0 percent in April versus 3.9 percent in the prior month.
Source: RTT NEWS
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
