Unemployment In Norway

NameCourseUniversityDateUnemployment in NorwayAccording to the statistics from the Norwegian Labour and Welfare Organization unemployment flock out in Norway has gone down from 4 .6 interrupt in the year 2006 to 2 .5 share in 2008 .The point of unemployment was move after along period of stagnation where the discharged had go for a period of one decade . The cosmopolitan slaying of the economy contributed to this disallow trend . This period was preceded with a developing period where the spetroleum was enjoying a tremendous growth delinquent to the ontogenesisd oil prices and a weak Norwegian currency which had made the country exports attractive to the world markets . The increased germinate for the Norwegian exports led to the growth of industries leading to the creation of much employment opportunities . On a month to month radix 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 effect in Norway . It is estimated that close to one hundred thousand multitude will loose their jobs by the end of this year . Unemployment is leap out 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 miserable performance of this country s ec onomy is the fall in oil prices and the...If! you want to stir a full essay, order it on our website: BestEssayCheap.com

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