Unemployment In Norway

NameCourseUniversityDateUnemployment in NorwayAccording to the statistics from the Norwegian Labour and Welfare Organization unemployment set out in Norway has gone down from 4 .6 part in the year 2006 to 2 .5 percent in 2008 .The rate of unemployment was move after along period of stagnation where the unemployed had go for a period of one decade . The general slaying of the economy contributed to this negative trend . This period was preceded with a developing period where the soil was enjoying a tremendous growth delinquent to the ontogenesisd oil prices and a weak Norwegian funds which had made the country exports attractive to the world markets . The increased film for the Norwegian exports led to the growth of industries leading to the creation of more employment opportunities . On a month to month al-Qaida 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 performance in Norway . It is estimated that close to one hundred thousand people will loose their jobs by the end of this year . Unemployment is bound 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 poor 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

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