Financial News: Norway Jobless Rate Rises To 4.6%, Highest Since

Norway Jobless Rate Rises To 4.6%, Highest Since July 2021

06/26/2025 - 03:40:00 (RTTNews)

(RTTNews) - Norway's unemployment rate increased in May to the highest level in nearly four years, the survey data on the labor force from Statistics Norway showed on Thursday.

The seasonally adjusted jobless rate rose to 4.6 percent in May from 4.4 percent in April. In the corresponding month last year, the rate was also the same 4.0 percent.

Further, this was the highest unemployment rate since July 2021, when it was 5.0 percent.

The number of unemployed people rose to 141,000 in April from 134,000 in the prior month, the agency said.

Data showed that the employment rate stood at 69.8 percent versus 69.3 percent in April.

On a trend basis, the unemployment rate climbed to 4.5 percent from 4.3 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Retailers Expect Sales To Fall Sharply In July: CBI (02 min(s), 11 sec(s) ago)
(RTTNews) - UK retailers expect sales to fall sharply in July, according to the Distributive Trade ...Full Story»

South Africa Producer Price Inflation Eases In May (15 min(s), 11 sec(s) ago)
(RTTNews) - South Africa's producer price inflation eased in May to the lowest level in six mo ...Full Story»

Hong Kong Trade Gap Widens In May (02 hr(s), 18 min(s), 11 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade deficit increased notably in May from a year ago as impo ...Full Story»

Austria Manufacturing Activity Shrinks In June (02 hr(s), 36 min(s), 11 sec(s) ago)
(RTTNews) - Austria's manufacturing activity contracted in June, reflecting a renewed drop in ...Full Story»

Swedish Economic Confidence Weakens In June (04 hr(s), 06 min(s), 11 sec(s) ago)
(RTTNews) - Sweden's economic confidence decreased in June to the lowest level in more than a ...Full Story»

German GfK Consumer Confidence To Drop In July (04 hr(s), 28 min(s), 11 sec(s) ago)
(RTTNews) - German consumer confidence is set to drop in July after rising for three straight mont ...Full Story»

Norway Jobless Rate Rises To 4.6%, Highest Since July 2021 (04 hr(s), 51 min(s), 11 sec(s) ago)
(RTTNews) - Norway's unemployment rate increased in May to the highest level in nearly four ye ...Full Story»

Swedish Trade Surplus Shrinks In May (05 hr(s), 05 min(s), 11 sec(s) ago)
(RTTNews) - Sweden's foreign trade surplus decreased notably in May from a year ago as exports ...Full Story»