The number of unemployed people in Norway fell during the month of December, while the rate of unadjusted jobless people remained unchanged during the period. However, the country’s jobless rate is anticipated to rise in the months ahead.
Norway’s registered unemployment fell by 700 persons on a seasonally adjusted basis, from November to December. Gross unemployment, which includes those on measures, fell by 200 persons to 101.5k. The unadjusted rate was unchanged at 2.8 percent, slightly below market expectations of 2.9 percent.
On the strong side, with an unexpected fall in unemployment, the broader roader picture is still that of sideways unemployment. Still, December sees some question marks on data quality. The gap between LFS and registered unemployment persists, albeit narrowing somewhat. LFS indicates labor market is weaker the registered data points to.
"We expect unemployment to rise somewhat ahead," said DNB Markets in its latest research report.


Russian Stocks End Flat as MOEX Index Hits New 52-Week Low
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge
FxWirePro: Daily Commodity Tracker - 21st March, 2022
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 



