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Norway jobless rate remains stable as expected

Staff writer |
Norway's unemployment rate held steady in March, in line with expectations, figures from Statistics Norway showed.

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The seasonally adjusted jobless rate came in at 4.7 percent in March, the same rate as in December. The figure also matched consensus estimate.

There were 130,000 unemployed persons in March, down 3,000 from December.

The rate of March indicates the average of February to April period and the December figure reflects November to January period.

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