Norway is seeing its share of layoffs. I think it's mostly related to corona affected businesses like bars, restaurants, travel, retail and also oil & gas since the oil price fell like a rock.
Norway went from 65 000 to 290 000 unemployed since beginning of March.
We also have something called "permittering" where you don't loose your job, but you stop working and get aid from the state. It's meant for temporary dips where there is less work for your company but you think it'll pick up within the next 6 months. Pay is usually ~66% of your regular salary.
For "permitteringer" we went from 1 000 - 2 000 per month on average to 345 000 in the last 1 1/2 months.
In Norway we have around 2.67 million people in work. So we have seen a reduction of our workforce by 10% since beginning of March.
Norway went from 65 000 to 290 000 unemployed since beginning of March.
We also have something called "permittering" where you don't loose your job, but you stop working and get aid from the state. It's meant for temporary dips where there is less work for your company but you think it'll pick up within the next 6 months. Pay is usually ~66% of your regular salary.
For "permitteringer" we went from 1 000 - 2 000 per month on average to 345 000 in the last 1 1/2 months.
In Norway we have around 2.67 million people in work. So we have seen a reduction of our workforce by 10% since beginning of March.
Sources: - https://e24.no/spesial/2020/coronaviruset/permitteringer - https://www.ssb.no/arbeid-og-lonn/statistikker/arblonn