- Unemployment in Norway dropped below 4% in July, reaching its lowest level in five months.
- The unemployment rate stood at 3.9%, a decrease from June’s 4.1%.
- Employment rate slightly declined from 69.8% in June to 69.7% in July.
Oslo, August 26 (Peniaze24.sk) – Unemployment in Norway fell below 4% in July, reaching its lowest level in five months, reports RTTNews, citing data from the Norwegian statistics office. The unemployment rate in Norway was 3.9% in July, down from 4.1% in June. June’s unemployment rate remained steady from the previous month. July’s unemployment is the lowest since February this year, when Norway recorded an unemployment rate of 3.4%.
However, the employment rate slightly declined. While it was 69.8% in June, it fell to 69.7% in July.
Table: Development of Unemployment and Employment Rates in Norway (2024)
| Month | Unemployment (%) | Employment (%) |
|---|---|---|
| February | 3.4 | 70.1 |
| March | 3.6 | 70.0 |
| April | 3.8 | 69.9 |
| May | 4.0 | 69.8 |
| June | 4.1 | 69.8 |
| July | 3.9 | 69.7 |
Keywords: unemployment, Norway, statistics, employment, economy
