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Norwegian Unemployment Rate Unchanged In June

8/22/2012 4:28 AM ET

Unemployment rate in Norway remained unchanged at 3 percent for a third consecutive month in June, the latest figures from Statistics Norway showed Wednesday.

Economists had forecast the rate to edge up to 3.1 percent. The number of people registered as unemployed with the Labour and Welfare Administration (NAV) increased by 2,000 during June.

Adjusted for seasonal variations, employment increased by 6,000 in June from March. The employment rate was 69.4 percent in June, down 0.1 percentage points from March.

by RTT Staff Writer

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