Norway unemployment rate
Norway unemployment rate: 3.6 (-20%)
Last Update: January 31, 2024
Last Update: January 31, 2024
Norway unemployment rate closed down 3.6 as of January 31, 2024 from 4.5 from the previous month and 3.6 from last year.
Norway unemployment rate Analytics & Data
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Norway unemployment rate
| Date | Values |
|---|---|
| 2024-01-31 | 3.6 |
| 2023-12-31 | 4.5 |
| 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 | 3.4 |
| 2023-05-31 | 3.1 |
| 2023-04-30 | 3.5 |
| 2022-03-31 | 3.7 |
| 2022-02-28 | 3.4 |
| 2022-01-31 | 3.6 |
| 2021-12-31 | 3.9 |
| 2021-09-30 | 4.2 |
| 2021-06-30 | 5.1 |
| 2021-03-31 | 5 |
| 2020-12-31 | 4.8 |
| 2020-11-30 | 5 |
| 2020-10-31 | 5.2 |
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Norway unemployment rate Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| unemployment rate | no.unemploymentrate | 3.6 | 4.5 | -20 | 0 | Down | Down | 72 | 2024-01-31 |
Norway unemployment rate Factors
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What is the Norway unemployment rate
Norway Unemployment Rate: Current and Historical Data, Trends, and SignalsWelcome to our webpage dedicated to providing insights into the Norway unemployment rate. Here you will find a wealth of information, including current and historical data, trends and signals, analytics, and charts to help you analyze and interpret the unemployment situation in Norway.
What is the Norway Unemployment Rate?
The Norway unemployment rate represents the percentage of the labor force that is unemployed and actively seeking employment within the country. It is an essential economic indicator that reflects the health of the labor market and overall economic well-being.
Interpreting the Norway Unemployment Rate:
The unemployment rate provides valuable insights into the dynamics of the labor market. A low unemployment rate generally indicates a strong economy with ample job opportunities, while a high unemployment rate suggests economic challenges and limited job prospects.
However, it is crucial to consider other factors alongside the unemployment rate to get a complete picture of the labor market. For example, a declining unemployment rate could be positive, but it may also be influenced by discouraged workers leaving the labor force or people opting for higher education instead of seeking employment.
Analyzing Unemployment Data:
On this webpage, you can access current and historical data on the Norway unemployment rate. Our interactive charts and analytics provide a visual representation of the trends over time, allowing you to identify patterns, seasonality, and long-term changes.
By using our powerful MacroVar signals, trends, and analysis tools, you can unlock even deeper insights into the unemployment rate. These tools utilize advanced algorithms and statistical models to detect underlying patterns, forecast future trends, and identify potential turning points in the labor market.
Export Historical Data for Further Analysis:
In addition to the insights and analysis presented on the webpage, you have the option to export the historical data for free. This enables you to perform your own comprehensive analysis, combine it with other economic data, and gain a deeper understanding of the factors driving unemployment in Norway.
Utilize MacroVar for Enhanced Analysis:
For those seeking a more advanced analysis of the Norway unemployment rate, our MacroVar platform offers a range of features that can further enhance your research. With access to real-time indicators, comprehensive data packages, and customizable analytics, MacroVar equips you with the tools necessary to analyze unemployment in a broader economic context.
Conclusion:
Understanding the Norway unemployment rate is crucial for policymakers, businesses, economists, and individuals alike. By utilizing the current and historical data, trends and signals, analytics, and charts available on our webpage, you can gain valuable insights into the labor market dynamics and draw meaningful conclusions about Norway's economic well-being. Take advantage of the free historical data export and explore the enhanced analysis options provided by MacroVar to deepen your understanding of unemployment trends in Norway.
Norway Financial Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| Oslo OBX | OBX | 1537.61 | 1 | 1 | 2.02844 | 58.2886 | 0.00666 | 0.01446 | 0.03309 | 0.10131 |
| Norway ETF | ENOR | 22.3112 | 0 | -0.75 | -1.10115 | 44.253 | 0.0005 | 0.02087 | 0.00501 | -0.03665 |
| Norwegian Krone US Dollar (NOK/USD) | NOKUSD | 11.1556 | 0.5 | 1 | 1.83638 | 63.3968 | -0.00263 | -0.00398 | 0.01863 | 0.11507 |
| Norway 10-Year Bond Yield | NO.10Y | 3.878 | -1 | 0.75 | 0.96196 | 39.4094 | -0.0288 | -0.04764 | -0.05782 | 0.21644 |
| Norway 5-Year Bond Yield | NO.5Y | 3.926 | -1 | 0.75 | 1.36032 | 41.9784 | -0.00783 | -0.02798 | -0.05693 | 0.15132 |
| Norway 2-year bond yield | NO.2Y | 3.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Norway Yield Curve | NO.YC | -0.268 | 0.5 | 1 | 1.59644 | 51.8368 | 0.06773 | 0.03876 | 0.24074 | -0.51184 |
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | no.balanceoftrade | 86885 | 44043 | 97 | -13 | UP | Down | 57 | 2023-11-30 |
| building permits | no.buildingpermits | 1925 | 2008 | -4 | -7 | UP | Down | 52 | 2024-02-29 |
| business confidence | no.bizconfidence | -4.9 | -2.5 | 96 | -229 | Down | Down | 25 | 2023-12-31 |
| capacity utilization | no.caputilization | 78.5 | 78.8 | -0 | 3 | Down | UP | 87 | 2023-06-30 |
| capital flows | no.capitalflows | 197692 | 264687 | -25 | 377 | Down | UP | 85 | 2023-09-30 |
| car registrations | no.carregistrations | 7400 | 9278 | -20 | -48 | Down | Down | 7 | 2024-03-31 |
| central bank balance sheet | no.cb.assets | 17776800 | 17112200 | 4 | 24 | UP | UP | 92 | 2024-01-31 |
| consumer confidence | no.consconfidence | -26.6 | -29.7 | -10 | 582 | Down | Down | 93 | 2024-03-31 |
| consumer price index cpi | no.cpi | 132.6 | 132.3 | 0 | 4 | UP | UP | 57 | 2024-03-31 |
| core inflation rate | no.coreinflationrate | 4.5 | 4.9 | -8 | -27 | Down | Down | 18 | 2024-03-31 |
| current account | no.currentaccount | 235311 | 193131 | 22 | 53502 | Down | UP | 100 | 2023-12-31 |
| current account to gdp | no.currentaccountgdp | 17.5 | 29.5 | -41 | 41 | UP | UP | 0 | 2023-01-31 |
| deposit interest rate | no.depositrate | 2.75 | 2.75 | 0 | 1000 | UP | UP | 0 | 2023-07-31 |
| exports | no.exports | 174332 | 1321120 | -87 | 0 | Down | UP | 47 | 2023-10-31 |
| external debt | no.externaldebt | 7819420 | 7519900 | 4 | 27 | UP | UP | 68 | 2023-12-31 |
| fiscal expenditure | no.fiscalexp | 457634 | 398217 | 15 | 16 | UP | UP | 38 | 2023-12-31 |
| foreign direct investment | no.fdi | -40783 | -27111 | 50 | -436 | Down | Down | 12 | 2023-09-30 |
| foreign exchange reserves | no.fxreserves | 887760 | 863407 | 3 | 1 | UP | UP | 19 | 2024-05-31 |
| gdp | no.gdp | 579.27 | 482.17 | 20 | 35 | UP | UP | 0 | 2022-12-31 |
| Real GDP | no.realgdp | 1110230 | 1116060 | -1 | 24 | UP | UP | 98 | 2023-09-30 |
| gdp growth | no.gdpgrowth | 1.5 | -0.4 | -475 | 150 | UP | UP | 88 | 2023-12-31 |
| gdp growth annual | no.gdpgrowthan | 0.7 | 3.3 | -79 | -333 | Down | UP | 10 | 2023-09-30 |
| government budget | no.govbudget | 25.6 | 10.3 | 149 | 92 | UP | UP | 0 | 2023-01-31 |
| Government budget | no.govbudgetvalue | 179640 | 50027 | 259 | -362 | UP | UP | 14 | 2023-12-31 |
| government debt | no.govdebt | 708529 | 796757 | -11 | 11 | Down | UP | 54 | 2023-12-31 |
| government debt to gdp | no.govdebtgdp | 44.3 | 36.5 | 21 | 53 | UP | UP | 0 | 2023-01-31 |
| government revenues | no.govrev | 637274 | 448244 | 42 | 95 | UP | UP | 95 | 2023-12-31 |
| housing index | no.housingindex | 334.14 | 331 | 1 | 4 | UP | UP | 53 | 2024-03-31 |
| housing starts | no.housingstarts | 2022 | 2095 | -3 | -11 | UP | Down | 43 | 2024-02-29 |
| imports | no.imports | 87447 | 88076 | -1 | -5 | UP | Down | 14 | 2023-10-31 |
| industrial production | no.indproduction | 1.8 | 8.3 | -78 | -130 | UP | UP | 0 | 2024-02-29 |
| industrial production mom | no.indproductionmm | -4.3 | 2.2 | -295 | -2250 | Down | Down | 2 | 2024-02-29 |
| inflation cpi | no.inflationcpi | 3.9 | 4.5 | -13 | -40 | Down | Down | 23 | 2024-03-31 |
| interbank rate | no.interbankrate | 4.67 | 4.68 | 0 | 2 | Down | Down | 8 | 2023-08-15 |
| interest rate | no.interestrate | 3.75 | 3.75 | 0 | 200 | UP | UP | 0 | 2023-07-31 |
| lending rate | no.lendingrate | 4.75 | 4.75 | 0 | 111 | UP | UP | 79 | 2023-07-31 |
| loan growth | no.loangrowth | 3.5 | 3.7 | -5 | -34 | Down | Down | 3 | 2024-01-31 |
| loans to private sector | no.loanprivate | 2272180 | 2252040 | 1 | 3 | UP | UP | 13 | 2024-02-29 |
| long term unemployment rate | no.ltunemploymentrate | 0.5 | 0.4 | 25 | -44 | Down | Down | 9 | 2023-12-31 |
| Manufacturing PMI | no.manpmi | 50.8 | 52 | -2 | 5 | Down | UP | 78 | 2024-03-31 |
| money supply m0 | no.msm0 | 69307 | 159193 | -56 | -2 | Down | Down | 50 | 2024-02-29 |
| money supply m1 | no.msm1 | 2628090 | 2680820 | -2 | -6 | Down | Down | 4 | 2024-02-29 |
| money supply m2 | no.msm2 | 3049290 | 3099860 | -2 | -1 | Down | Down | 8 | 2024-02-29 |
| new home sales | no.newhomesales | 7031 | 6899 | 2 | -20 | Down | Down | 7 | 2024-03-31 |
| Producer Price Index | no.producerprices | 112.1 | 109.1 | 3 | -32 | Down | Down | 8 | 2024-03-31 |
| PPI Index | no.producerpricesch | -6.9 | -12.6 | -45 | -68 | UP | UP | 67 | 2024-03-31 |
| retail sales MoM | no.retailsales | 0.1 | -0.1 | -200 | -133 | UP | UP | 0 | 2024-02-29 |
| retail sales | no.retailsalesan | -0.3 | -1.2 | -75 | -92 | UP | UP | 42 | 2024-02-29 |
| unemployment rate | no.unemploymentrate | 3.6 | 4.5 | -20 | 0 | Down | Down | 72 | 2024-01-31 |
| youth unemployment rate | no.ytunemploymentrate | 10.8 | 12.4 | -13 | 14 | Down | UP | 80 | 2024-02-29 |