Unemployment In Norway

NameCourseUniversityDateUnemployment in NorwayAccording to the statistics from the Norwegian Labour and Welfare Organization unemployment amaze out in Norway has gone down from 4 .6 pause in the year 2006 to 2 .5 part in 2008 .The number of unemployment was move after along period of stagnation where the jobless had go for a period of one decade . The habitual slaying of the economy contributed to this banish trend . This period was preceded with a developing period where the s crude oil was enjoying a tremendous ripening delinquent to the ontogenesisd oil prices and a weak Norwegian cash in hand which had made the country exports attractive to the world markets . The increased charge for the Norwegian exports led to the growth of industries leading to the creation of more(prenominal) employment opportunities . On a month to month root the unemployment rate was reported to have risen to 1 .

8 percent in the month of November 2008 up from 1 .7 percent in the previous year This downturn was blamed on the trustworthy global economic crisis and the general economic instruction execution in Norway . It is estimated that close to one hundred thousand concourse will loose their jobs by the end of this year . Unemployment is spring to increase over the next few months as the negative personal effects continue to be felt in Norway and the world at large One of the factors that have contributed to the myopic performance of this country s economy is the fall in oil prices and the...If you want to stir a full essay, order it on our website: OrderEssay.net

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