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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NorwayNorway Unemployed Persons climbed to 62.2K in August 2026
FMPMonthlyReleased August 2026
Norway Unemployed Persons climbed to 62.2K in August 2026, up 0.1K from July's 62.1K reading. The reading matched the 61.7K consensus. Year-over-year, the indicator is down 2K. The reading is in the 28th percentile of the trailing 24-month range.
Latest Release
62.2
Actual
61.7
Consensus
62.1
Previous
Median Absolute Error
±0.61 thousand
across last 12 releases
Last Call
Aug 2026
Predicted: 61.95
Actual: 62.2
Error: -0.25
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.61 | CRYPTO | Moves against | → View |
| FTSE 100 | ▼ Inverse | −0.49 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.27 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Unemployed Persons (Norway) was reported at 62 thousand in August 2026. This beat the market consensus of 62 thousand by 1 thousand. The reading rose from the previous value of 62 thousand. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 63.15, ranging from 62.10 to 65.10 across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 62.13, down from the prior three at 62.37. Volatility over the past year (σ 1.15) is lower than the prior year (σ 7.31). In August readings over the past 3 years, Unemployed Persons has averaged 68.76.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with FTSE 100, negatively correlated (Bearish FTSE 100). Over the last 12 releases, the Sigmacast model's median absolute error is 0.61.
WHAT TO WATCH NEXT
The next release is scheduled for October 2, 2026. Same-country events in the next 14 days include Interest Rate Decision (Sep 24).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Unemployed Persons - NO
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About Unemployed Persons — Norway
DEFINITION
Unemployed Persons is a financial indicator that measures the number of individuals who are currently without a job but are actively seeking employment. This data is used to assess the overall health of the labor market and can provide insights into the state of the economy. A high number of unemployed persons may indicate a weak job market, while a low number may suggest a strong economy with ample job opportunities. This indicator is closely monitored by policymakers, businesses, and investors to make informed decisions about economic policies, hiring practices, and investment strategies.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 62.2 K, consensus 61.7 K. Prior reading (Jul 2026): 62.1 K. Before that (May 2026): 62.1 K.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.61) — a useful reference for crypto-focused traders.
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Economic Calendar - NO Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | NO | Balance of Trade | 100.4 | 88.8 | 95.1 | 97.75 | Low |