🇳🇴 Norway
31 October 2025 at 11:25
3075 views
Business

Norwegian Unemployment Rises to 2 Percent in October

By Nordics Today

In brief

Norway's unemployment rate reached 2.0 percent in October, with 61,300 people registered as jobless. Officials describe the labor market situation as still strong despite the increase from previous months.

  • - Location: Norway
  • - Category: Business
  • - Published: 31 October 2025 at 11:25
Norwegian Unemployment Rises to 2 Percent in October

Illustration

Norway's unemployment rate reached 2.0 percent in October. The National Employment Service registered 61,300 people as completely unemployed at month's end.

Seasonally adjusted figures show an increase of 200 people from September.

Labor and Welfare Director Hans Christian Holte said in a statement that unemployment has grown since summer 2022. He noted the rate now matches pre-pandemic levels. Officials consider this a relatively normal situation, and the labor market remains strong.

Norway's unemployment figures remain among the lowest in Europe. The country's robust welfare system provides strong safety nets for job seekers.

This slight uptick suggests the Norwegian economy may be cooling from its typically strong performance. Still, employers continue to report challenges finding qualified workers in many sectors.

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Published: October 31, 2025

Tags: Norway unemployment rateNorwegian labor marketNordic employment statistics

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