Norway’s unemployment rate climbed in July, defying expectations for further easing, figures from the Labor and Welfare Service, or NAV, showed on Friday.
The jobless rate rose to 4.9 percent from 4.8 percent in June. Economists had forecast a lower figure of 4.4 percent.
The rate had peaked at 10.6 percent in March as the coronavirus, or Covid-19, pandemic hit Europe causing severe economic disruption.
The number of registered unemployed grew to 139,838 in July from 135,988 in June.
In July, 83,400 people were registered as partially unemployed, which is 41,800 fewer than at the end of June.
The decline in the number of partially unemployed is due to more people changing status from partially unemployed to completely unemployed during July, the NAV said.
For comments and feedback contact: email@example.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.