FX.co ★ Norway’s Unemployment Edges Up to 2.3% in January 2026

Norway’s non-seasonally adjusted unemployment rate rose to 2.30% in January 2026, up from 2.10% in December 2025, according to data updated on 30 January 2026.

The increase marks a modest uptick in joblessness at the start of the year, after the indicator had held at 2.10% in the previous month. While the rate remains low by international standards, the January move will be closely watched by analysts for signs of any emerging softness in Norway’s labor market as the new year gets under way.

The latest reading underscores a slight cooling from the very tight employment conditions seen at the end of 2025, and may influence expectations around economic momentum and policy discussions in the months ahead.