Friday, July 31, 2015

More unemployed than expected – OBI Online

Unemployment rose from 3.0 to 3.1 percent in July. According to TDN Finans showed etimater obtained by Bloomberg that it was expecting an unemployment rate of 3.0 percent.

– Unemployment continued to rise in July. The fact that many started in labor market caused the unemployment rate no higher, said Acting Labor and Welfare Director Kjersti Monland in a press release.

The number of unemployed increased by 600 people from June to July. Gross unemployment, which is the sum of the unemployed and job seekers on measures increased by 2,500 during the same period.

Rogaland had the largest increase in unemployment in July, followed by Hordaland. Unemployment declined the most in Finnmark, followed by Sogn og Fjordane.

Unemployment increased most for brokers and consultants, followed by occupations in agriculture, forestry and fisheries and child and youth work. The largest decrease was in academic professions, in health care, and caring professions and in teaching professions, according to Nav.

Totally unemployed and job seekers on measures
In July 85 400 people were registered as unemployed with NAV. There are 5,700 more than a year ago. Unemployment is now at 3.1 per cent of the workforce, compared with 3.0 percent in July last year.

The total of unemployed and job seekers on the measures was 92 900 people in July, equivalent to 3.4 percent of workforce. There are 7 500 more than a year ago, when gross unemployment as a percentage of the labor force was 3.2 per cent, it added.

Unemployment has increased in all age groups
The increase in unemployment was highest for people over 60 years, with a growth of 16 percent or 700 people, but also in other age groups, unemployment has increased over the last year.

Unemployment is now highest for men aged 20 and 24 years, with 5.0 percent of the workforce, compared with 4.6 percent in July last year. Unemployment is lowest for those under 19 years, at 1.7 percent, against 1.5 percent a year ago, writes Nav.

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