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Unemployment falls

Unemployment numbers in Norway are falling, and the fall is steeper than what was expected.

According to the Labor Force Survey (AKU), the seasonal adjusted numbers with a three month average, the unemployment was 103,000 in February, equalling an unemployment rate of 4.3 percent. The numbers were presented by Statistics Norway Wednesday.

According to an overview compiled by TDN Finans, in advance, it was expected an unemployment rate at 4.4 percent.

Last month, there were 105,000 persons listed as unemployed, equalling 4.4 percent. The unemployment rate decreased with 6,000 persons during the first quarter of 2004.

Employment in industry falls
Even if the employment in general is unchanged, the industry had a decrease of 18,000 employees during the first quarter in 2004, according to the numbers from AKU.

Besides the numbers from the industry, there was a decrease of employment in the business services. However, the teaching field and commodity trade had an increase of the employment.

The number of part-time employed men increased with 10,000, while the number of men employed full-time decreased with 14,000 from the first quarter of last year. For women, no change was recorded.

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