NO Underemployment rate (U6) 2026: Interactive Chart & Historical Data

Underemployment rate (U6) (measured in %) is a critical labor market indicator for NO, reflecting the balance between job seekers and available positions. Employment data shapes monetary policy decisions, consumer confidence, and government workforce programs. A healthy labor market supports income growth, social stability, and long-term economic development. In NO, Underemployment rate (U6) is monitored by central banks to assess wage pressure and inflationary risks, while businesses use it to plan hiring and expansion. Changes in employment levels can signal broader economic shifts, from technological disruption to demographic transitions and global trade realignments. Data is sourced from BLS and updated regularly on EconDash. Use EconDash's interactive chart to analyze employment patterns, filter by time range, and compare NO with peer countries.