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Stable Norwegian labour market

There were only small changes in the Norwegian labour market from April to July. In July the unemployment rate was 3.0 per cent, Statistics Norway reports.

The Labour Force Survey (LFS) shows a decrease in employment by 4 000 from April to July, adjusted for seasonal variations. The decrease is within the LFS error margin.

The population increased during the same period, so the employment rate went down 0.4 percentage points to 69.2 per cent in July. The employment rate is employed persons as a percentage of the population aged 15-74.

In the EU15, unemployment rose from 10.5 per cent to 10.6 per cent in the same period.

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