logo
Plus   Neg
Share
Email

Norway's Unemployment Rate Rises In August

Norway's unemployment rate increased in August, the labor force survey from Statistics Norway showed Thursday.

The unemployment rate came in at seasonally adjusted 4 percent in August versus 3.8 percent in May. The rate matched economists' expectations.

The rate for August indicates average for July to September period and May reflects April to June period.

The statistical office said the number of people registered as unemployed or on government employment initiatives with the Labour and Welfare Administration was unchanged from May.

At the same time, the number of employed persons increased by 17,000 in August from May.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT