Norway unemployment remains unchanged

The unemployment rate in Norway held steady in September, according to new figures released by the Organisation for Economic Cooperation and Developments (OECD).

The report showed that the number of people without work in Norway has changed little since the beginning of the year, despite a grimmer picture across the whole of Europe, where the overall rate climbed for the 16th consecutive month to 11.6 percent.

Norway’s unemployment rate stood at about 3.2 percent at the start of 2012 and decreased slightly through the summer to 3.0 percent.

The Nordic country’s figure comes in stark contrast to Spain and Greece, where the number of people out of work has reached 5.98 million (25.8 percent) and 1.26 million (25.1 percent), respectively.

Elsewhere in Scandinavia, OCED unemployment figures put Finland at 7.9 percent (213,000), Sweden at 7.8 percent (398,000) and Iceland at 6.3 percent (11,000). Meanwhile, Denmark scored the worst in the region, with 8.3 percent (241,000) of people without work.

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