(Obi.no:) It was in October 114.000 unemployed in Norway, adjusted for seasonal variations. It amounted to 4.0 percent of the labour force, shows the recent labour force survey Statistics norway (SSB). This was the fourth consecutive month with an unemployment rate of 4.0 per cent
the Unemployment rate continues therefore to flatten out. The result for October was in line with consensus. According to a compilation carried out by TDN I thought was it in advance expecting a ledighetsrate of 4.0 per cent. Handelsbanken Capital Markets expected, however, a rate of unemployment of 3.9 per cent.
however, We see that the unemployment rate will take something down through 2019. As a result of the announced increase in petroleum investment is assumed solid GDP growth of 2.4 per cent, which in turn implies continued solid demand for labour, type Handelsbanken in its morgenrapport Thursday.
According to the LFS was where the 13.000 more employees from July (average of June-august) to October (average of september-november), adjusted for seasonal variations. This represents an increase of 0.2 percentage points.
This is within the margin of error, but in line with a rising trend. In the course of the past year, the number of employed increased by 55.000 people.
expect a weaker growth
Although employment has risen, unemployment has been stable. It can be explained with the fact that more have come into the workforce. Handelsbanken expecting weaker growth going forward.
– Furthermore, it is assumed that the growth in the labour force will gradually slow down. This is because the yrkesdeltagelsen already has picked up well again after the fall that was observed during the oljenedturen, enter the bank, who adds that the combination of good higher employment, and weaker growth in the labour force suggest that unemployment rate will take some down there next year.
Furthermore, waiting Norges Bank an average unemployment rate of 3,97 percent in the fourth quarter of 2018, which will slow down somewhat to 3,92 per cent on the way into the first quarter of this year. The current key performance indicators affect any prospects for rentebanen, according to the central Bank.
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