Norway unemployment rate


Norway unemployment rate: 4.1 (0%)
Last Update: June 30, 2024

Norway unemployment rate closed down 4.1 as of June 30, 2024 from 4.1 from the previous month and 3.5 from last year.


Norway unemployment rate Analytics & Data




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Norway unemployment rate

DateValues
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
2022-10-31 3.2
2022-09-30 3.4
2022-08-31 3.6
2022-07-31 2.8

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Norway unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
unemployment rateno.unemploymentrate4.14.1017UPUP722024-06-30

Norway unemployment rate 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.