Brokerages expect increased unemployment – It gets worse – OBI Online

(FINANSAVISEN): Registered unemployment in Nav remained unchanged in February at 3.3 percent.

Norges Bank Nav figures far more important than the LFS figures from SSB, which faces slightly on a higher level. Navs figures show a rather moderate increase in the number of unemployed over the last year, up about 9,000 or from 3.0 to 3.3 per cent unemployment rate.

This is partly because more now on the measures. Gross unemployment, which includes placements, up from 86,000 to 101,000, seasonally adjusted. Unadjusted gross unemployment at 108,400, up from 3.5 to 4.0 per cent last year.

Gets worse

– We believe this is a temporary dip, says senior economist Knut A. Magnussen at DNB Markets to Finance newspaper.

– the increase was very small, but the long-term trend is still up, he believes.

According to Finance newspaper waiting DNB Markets unemployment not only increase throughout the year, but still rise in 2017.

oil failure

but for unemployment remains almost mainly related to oil failure. Since February last year, unemployment has clearly increased in seven of the counties. All located along the coast, from Aust-Agder Sor-Trondelag.

The worst is of course in Oslo, where unemployment is up 67 percent, followed by Hordaland and Møre og Romsdal, with 34-35 percent increase.

the number of counties where the unemployment rate is lower than a year earlier sinking slowly, but still, unemployment has fallen in six of the counties. Especially inland, but also Northern Norway has fewer unemployed than last year. Even in Oslo there are marginally fewer unemployed now and throughout the central eastern Norway holds good condition.