Norway NAV Jobless Rate Stable In November

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Norway's jobless rate stood at 2.6% in November, same as in the previous month, the Labor and Welfare Organization said on Thursday. The jobless rate came in line with economists' expectations.

The number of unemployed totaled 67,400 persons in November, which was increased by 22,200 persons compared to the previous year.

The jobless rate for construction industries was 4.5% in November, while manufacturing unemployment stood at 4.1%. The jobless rate for travel and transportation was 3.7%.

Tor Saglie, Labor and Welfare Director said,"The supply of new workers has been reduced in recent months. However, we see that many unemployed people are now using a longer time to get back to work. "

Norway's jobless rate stood at 2.6% in November, same as in the previous month, the Labor and Welfare Organization said on Thursday. The jobless rate came in line with economists' expectations. (Market News Provided by RTTNews)