Norway unemployment rate


Norway unemployment rate: 4.1 (2.5%)
Last Update: October 31, 2024

Norway unemployment rate closed down 4.1 as of October 31, 2024 from 4 from the previous month and 3.7 from last year.


Norway unemployment rate Analytics & Data




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Norway unemployment rate

Date Values
2024-10-31 4.1
2024-09-30 4
2024-08-31 4
2024-07-31 3.8
2024-06-30 4.1
2024-05-31 4.1
2024-04-30 4.3
2024-03-31 4
2024-02-29 3.4
2024-01-31 4.4
2023-12-31 3.6
2023-11-30 3.8
2023-10-31 3.7
2023-09-30 3.5
2023-08-31 3.6
2023-07-31 3.6
2023-06-30 3.5
2023-05-31 3.2
2023-04-30 3.5
2023-03-31 3.8
2023-02-28 3.8
2023-01-31 3.6
2022-12-31 3.4
2022-11-30 3.1

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Norway unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate no.unemploymentrate 4.1 4 2 11 UP UP 62 2024-10-31

Norway unemployment rate Quantitative Analysis, Charts & Factors

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Norway unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Norway unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Norway unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Norway unemployment rate

The unemployment rate in Norway is a measure of the percentage of the labor force that is currently without a job and actively seeking employment. This rate is an important economic indicator as it reflects the health of the economy and the level of job opportunities available to the population. A low unemployment rate generally indicates a strong economy with ample job opportunities, while a high rate suggests economic challenges and limited job prospects. Policymakers use this data to make informed decisions on economic policies and initiatives to address any issues related to unemployment. In Norway, the unemployment rate is typically low compared to many other countries, thanks to its strong economy and robust social welfare system that supports those who are unemployed.

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