Decrease in full-time employees
From the 1st quarter of 2009 to the 1st quarter of 2010 there was a reduction of 21,000 full-time employees. The biggest reduction was among women.
The decrease in full-time employees was made up of 14,000 women and 7,000 men. The level of part-time employees remained stable throughout the period.
From the 1st quarter of 2009 to the 1st quarter of 2010 total employment was reduced by 20,000 persons; 16,000 of which were women. The manufacturing industry has had the biggest decrease in employment. From the 1st quarter of 2009 to the corresponding quarter of 2010 the number of employees was reduced by 20,000, which constitutes 8 per cent of the employees in manufacturing. There were only minor changes in the remaining industries.
The number of persons on temporary contracts remained stable throughout the period.
From the 1st quarter of 2009 to the 1st quarter of 2010 there was a reduction of 14,000 persons reporting own illness as reason for absence in the whole reference week. In the 1st quarter of 2010, a total of 89,000 persons reported own illness as their reason for absence.
Lower labor force participation among the young
In the 1st quarter of 2010, the labor force participation rate (the sum of employees and unemployed) in Norway was 71.8 per cent; down 1.2 per cent from the corresponding quarter in 2009. The decrease is particularly high among the young part of the population. Within the last year, all age groups under 30 have had their labor force participation reduced by 2 to 3 percentage points. The age group 30-39 has also had a reduction in labor force participation.
More long-term unemployed
According to the LFS, the number of unemployed increased by 16,000 people between the 1st quarter of 2009 and the 1st quarter of 2010. The increase was similar for men and women and was among the long-term unemployed. The share of long-term unemployed rose from 19 per cent in the 1st quarter of 2009 to 32 per cent in the 1st quarter of 2010. Long- term unemployed is defined as people who have been out of work for more than 26 weeks. Of a total of 95,000 unemployed persons in the 1st quarter of 2010, 31,000 were long-term unemployed.
A new industry classification was introduced as from the publication of the first quarter of 2009. Here is an article presenting general information about the new Norwegian industry classification.
Stable number of underemployed
The number of underemployed was 63,000 in the 1st quarter of 2010, which is the same level as the 1st quarter of 2009. Underemployment is employees with part-time contracted working hours who have tried to find more work. The group of underemployed and unemployed as a whole wanted work corresponding to 104,000 man-weeks in the 1st quarter of 2010; up 14,000 from the year before.
Outside the labor force
The labor force was reduced by 4,000 people between the 1st quarter of 2009 and the 1st quarter of 2010. This is within the error margin of the LFS. In the same period, the population rose by 56,000 persons, which gives a total increase of people outside the labor force of 60,000. From the 1st quarter of 2009 to the 1st quarter of 2010 there is an increase of 19,000 people outside the labor force who reports studies as their main activity. In the same period, there is an increase of 24,000 people who report different types of retirement as their main activity.
Source: Statistics Norway