Labor Force Participation Rate in Norway increased to 72.70 percent in the second quarter of 2021 from 70.60 percent in the first quarter of 2021. source: Statistics Norway

Labor Force Participation Rate in Norway averaged 69.42 percent from 1972 until 2021, reaching an all time high of 74.10 percent in the second quarter of 2002 and a record low of 60.20 percent in the first quarter of 1974. This page provides - Norway Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Labor Force Participation Rate - values, historical data and charts - was last updated on September of 2021.

Labor Force Participation Rate in Norway is expected to be 72.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Labor Force Participation Rate is projected to trend around 72.50 percent in 2022 and 72.30 percent in 2023, according to our econometric models.

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Norway Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
72.70 70.60 74.10 60.20 1972 - 2021 percent Quarterly
NSA

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.00 6.40 1.40 percent [+]
Employed Persons 2772.00 2699.00 2772.00 1885.00 Thousand [+]
Unemployed Persons 93914.00 101760.00 291072.00 38220.00 [+]
Labor Force Participation Rate 72.70 70.60 74.10 60.20 percent [+]
Long Term Unemployment Rate 1.10 0.90 2.00 0.30 percent [+]
Youth Unemployment Rate 14.70 12.80 14.80 5.60 percent [+]
Labour Costs 145.80 129.20 145.80 53.30 points [+]
Productivity 110.86 112.59 112.90 57.16 points [+]
Job Vacancies 74600.00 60000.00 84500.00 1395.00 [+]
Wage Growth 3.39 2.74 18.56 0.60 percent [+]
Wages in Manufacturing 116.00 112.50 152.20 78.90 points [+]
Population 5.37 5.33 5.37 3.57 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Part Time Employment 668.60 648.10 699.00 531.90 Thousand [+]
Full Time Employment 1983.50 1937.40 1983.50 1558.80 Thousand [+]
Employment Change 0.40 -0.30 1.40 -2.70 percent [+]
Employment Rate 69.00 67.20 71.80 63.00 percent [+]
Wages 50750.00 49920.00 50750.00 20126.00 NOK/Month [+]


Norway Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.