Improved Norwegian job prospects / News / The Foreigner

Improved Norwegian job prospects. The Norwegian Labour and Welfare Administration (NAV) say it expects the number of new jobs to increase significantly in the next two years. Unemployment is falling, with the job market developing faster than previously expected, according to latest figures. “We are optimistic about growth this year and next. The Norwegian economy is very solid,” says NAV Director, Erik Oftedal.

norwegianjobs, nav, norwegianlabourandwelfareadministration, erikoftedal, unemploymentrate



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Improved Norwegian job prospects

Published on Tuesday, 15th March, 2011 at 22:10 under the news category, by Michael Sandelson   .

The Norwegian Labour and Welfare Administration (NAV) say it expects the number of new jobs to increase significantly in the next two years.

Surveying a construction site (illus. ph.)
Surveying a construction site (illus. ph.)
Photo: US Navy/Photographer’s Mate 3rd Class Ian W. Anderson


Unemployment is falling, with the job market developing faster than previously expected, according to latest figures.

“We are optimistic about growth this year and next. The Norwegian economy is very solid,” says NAV Director, Erik Oftedal.

There will be increased demand for employees in the building and healthcare sectors, with an anticipated 70,000 new jobs overall by the end of 2012.

“The unemployment rate has been increasing ever since the summer of 2009, but this is the first time following the global financial crisis we can report we expect it to fall, a trend that looks set to continue next year as well,” he says.

However, Mr Oftedal warns continuing global financial uncertainty could still influence the situation at home.

“The job market has improved in the last three months and the international economy has expanded more than first thought, but there is still some unpredictability regarding the economy among key trading partners such as the US and Europe. Developments there will greatly affect the labour market here.”

NAV estimates the average number of jobless to be 2.8 percent this year, decreasing to 2.7 percent in 2012.



Published on Tuesday, 15th March, 2011 at 22:10 under the news category, by Michael Sandelson   .

This post has the following tags: norwegianjobs, nav, norwegianlabourandwelfareadministration, erikoftedal, unemploymentrate.





  
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