Continuing increase in the workforce
The labour force participation rate was 70.7 in the third quarter of 2017, which is a year-on-year increase.
The labour force participation rate, or labour force, as a percentage of the total population aged 15-74, was 70.7 per cent in the third quarter of 2018, according to Statistics Norway’s Labour Force Survey. This is a year-on-year increase of 0.9 percentage points, and is the highest since the third quarter of 2016. The current labour force participation rate is nevertheless lower than in the period 2006-2015.
The labour force participation rate for women was 67.5, and 73.9 for men. Both are year-on-year increases, but the increase is considerably larger for men than for women: up 1.6 percentage points (p.p.) for men and up 0.3 p.p. for women. This trend is also in evidence when we divide the genders into age groups. Among the youngest group (15-24), the increase is 0.9 p.p. for men and 0.2 for women, and among the older group (25-66), the increase is 1.5 p.p for men and 0.4 for women.
Figure 1. Persons (15-74 years old) in the labour force, by sex. Percentage of total numer of persons in each group in the third quarter
Lower participation rate among the youngest and the oldest
If we consider the age structure of the labour force over a longer time span (figure 2), it is clear that there is a reduction in the number of economically active persons among the under 25s, but a small increase among those in their early 30s and early 50s. For the other age groups, the picture is more mixed.
Figure 2. Persons (aged 15-74) in the labour force, by age group. Percentage of total number of persons in each group
More pensioners, fewer homemakers
We find two main patterns among those who are outside the labour force. The change happens slowly, so in order to identify the pattern we examine a twelve-year period (figure 3). The proportion of persons in education, who are in early retirement, permanently disabled, or job seekers is quite stable, but we clearly see that there is a marked decrease of homemakers and a rather large increase of pensioners.
Figure 3. Persons outside the labour force (per cent), by sex and main activity. Third quarter
|Men In education||30||29||29||29||31||30||31||29||30||28||29||28||28|
|Men In early retirement||7||7||7||7||7||7||6||6||5||5||5||4||5|
|Men Permanently disabled||29||29||29||30||29||28||26||28||27||26||25||24||25|
|Men In retirement||26||26||26||24||24||26||27||27||28||30||31||32||33|
|Men Job seekers||4||5||5||7||6||6||6||7||7||7||6||7||5|
|Women In education||24||24||23||24||26||26||24||24||25||24||25||24||24|
|Women In early retirement||5||4||5||5||5||5||5||5||4||4||3||3||4|
|Women Permanently disabled||29||30||31||30||30||29||28||29||27||28||28||28||29|
|Women In retirement||22||23||24||23||23||24||26||27||28||28||30||30||31|
|Women Job seekers||4||4||4||5||4||4||6||6||6||6||5||6||5|
We also publish seasonally adjusted main indicators from the LFS each month, see akumnd.