Tuesday, June 2, 2015

Nav chief Kjersti Monland forecasts the country’s highest unemployment rate in ten years. – Aftenposten

According to Nav will this year be on average 82,000 persons registered unemployed. Next year’s increase of 92,000 unemployed. This constitutes respectively 3 and 3.3 percent of the workforce. We have ten years back in time to find a vacancy that was so high.

– Although the trend has been slightly better than expected in recent months, we still believe that unemployment will increase going forward. We maintain our estimates for this year and has adjusted the number of vacant next year with 2,000 people. That means about 10,000 more than today will be unemployed by the end of the year, said Acting Labor and Welfare Director Kjersti Monland.

The largest increase is expected to come from engineers, IT workers and industrial workers jobs related to the oil sector. Meanwhile, falling oil prices have positive consequences for traditional export industries, says Nav.

– The fall in oil prices has contributed to a weakening of the krone, and it is good news for businesses who lives by selling goods and services to abroad. It is also an improvement in the economic outlook and thereby the purchasing power of some of our main trading partners, says Monland.

Published: 02.jun. 2015 1:03 p.m.

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