Biggest increase in Norwegian unemployment in six years

Although most economists and industry players agree that the worst is yet to come for Norway, many people were still surprised by the most recent increase in unemployment, which is especially attributable to the low oil price. The largest increase in unemployment since 2009.
Photo: Øyvind Hagen/Statoil
Photo: Øyvind Hagen/Statoil
BY TOMAS KRISTIANSEN

Budget cut after budget cut in the otherwise almost unstoppable Norwegian oil sector just one year ago. This is now leaving its mark on the country's unemployment statistics.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading