Long Term Unemployment Rate in Norway increased to 0.90 percent in the third quarter of 2020 from 0.80 percent in the first quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Norway averaged 0.72 percent from 1995 until 2020, reaching an all time high of 2 percent in the second quarter of 1995 and a record low of 0.30 percent in the second quarter of 2000. This page provides - Norway Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Long Term Unemployment Rate - values, historical data and charts - was last updated on June of 2021.

Long Term Unemployment Rate in Norway is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Norway to stand at -0.40 in 12 months time. In the long-term, the Norway Long Term Unemployment Rate is projected to trend around -0.40 percent in 2021 and -1.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Norway Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.80 2.00 0.30 1995 - 2020 percent Quarterly

Norway Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.80 6.40 1.40 percent [+]
Employed Persons 2699.00 2706.00 2755.00 1885.00 Thousand [+]
Unemployed Persons 115165.00 127411.00 295761.00 38220.00 [+]
Labor Force Participation Rate 70.60 70.30 74.10 60.20 percent [+]
Long Term Unemployment Rate 0.90 0.80 2.00 0.30 percent [+]
Youth Unemployment Rate 12.80 10.60 14.80 5.60 percent [+]
Labour Costs 129.20 127.10 145.30 53.30 points [+]
Productivity 112.59 112.90 112.90 57.16 points [+]
Job Vacancies 63900.00 65800.00 84500.00 1395.00 [+]
Wage Growth 2.74 1.21 18.56 1.07 percent [+]
Wages in Manufacturing 112.50 108.80 152.20 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 658.70 639.60 699.00 531.90 Thousand [+]
Full Time Employment 1937.30 1957.80 1960.60 1558.80 Thousand [+]
Employment Change 0.70 0.00 1.40 -2.70 percent [+]
Employment Rate 67.20 67.00 71.80 63.00 percent [+]
Wages 47970.00 46960.00 49430.00 20126.00 NOK/Month [+]


Norway Long Term Unemployment Rate
In Norway, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.