the Entrepreneur behind the leverandørbedriften IKM says to Stavanger Aftenblad that he did not feel that it has started to go up, but that things have stabilized at a lower level.
I think it is going to go a little upwards at the end of next year. But we must first of this winter, which for some of us is tough. In some industries, particularly in oil, it’s very tough, ” he says.
Storbanken Nordea says they have registered an improvement in the housing market, unemployment rate and household assessments in Rogaland, but the managing director Snorre Storset parts still Kyllingstads assessment.
– We see that there are the first signs of optimism, so maybe the bottom is reached. At the same time, we started from a relatively low level, so that we can easily get a positive development. But it does not mean that we go from that the bottom is reached and back to where we were. We will perhaps never return to where we were, ” says Storset.
the oil industry leads the way: 2016 can be the best patentåret in six years
40.000 oljejobber away
Since 1. January 2014 has 40.000 oljejobber been away from the Norwegian continental shelf, according to DNB Markets’ overview, which was last updated in the end of October.
22. april of this year showed the count that 35.000 oljejobber was gone. It means that at least 5,000 jobs have been cut or announced the cut in the course of the past half year.
– These figures show the number dismissed, and do not include the number that are coming in the job again. That it has lost jobs in the order of magnitude is not especially remarkable considering the downturn has been in the supply industry, said senior economist Marius Gonsholt Hov, Handelsbanken Capital Markets to E24 earlier in november.
More nedbemanningsrunder
the Latest 10. October notified oil service company showed up that they cut an additional 250 positions. A similar downsizing was announced at the company in september, and the company is also considering new cuts the next half of the year.
in Total, including the most recently announced cuts, has showed up cut around 900 jobs in the course of oljebremsen, shows DNB Markets’ view.
another company that repeatedly has warned of cuts, is National Oilwell Varco (NOV). Oil service company has a total nedbemannet with 2.585 people since the beginning of 2104. In september, it became known that NOV considering another round of job-cuts.
Mixed numbers
The last half year, there have been a number of positive number of macroeconomic figures that suggest that the decline in the oil sector and the Norwegian economy in general, is over. Still grew the Norwegian economy less than expected in the third quarter, with a GDP growth of 0.2 percent.
There were, however, bright spots in the numbers, even though they may be temporary.
Investments in fixed capital, i.e. the procurement of everything from building and construction to the machines and homes, increased by 2.6 per cent in the third quarter, after mostly to have fallen in the last two years, according to Statistics Norway.
Petroleumsinvesteringene fell by only 0.6 per cent from the quarter before, and shows signs of levelling out after a significant drop the past few years. DNB Markets had expected a fall in petroleumsinvesteringene of 1.5 per cent.
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