Norway – best country in the world to live in!

ANO recognized Norway as the best country in the world to live in.
In the 20th century Norway developed as a country with really strong economy. Since 1970 a crucial role in the Norwegian economy has been offshore oil industry. Only 21% of Norway’s land is used economically.

In recent years, the total amount of the workforce has stabilized. The country has 2,0-2,1 million employed people. Since 1980th women employment rates were increasing until now has remained high. Norway’s job market is a substantial number of underemployed people. Nearly half of the number of women and about 10% of all men work fewer than 36 hours per week.

Norway has recently won first place in the U.S. business magazine Forbes „European labor markets in rating” as a country where is the best chance of working. For Europe’s best job markets, Forbes recognized the non-EU countries (Norway is not a European Union (EU) member, but participates in the EU single market in the European Economic Area (EEA) Agreement State – a contract between the EU Member States and the European Free Trade Association (EFTA) countries) Norway and Switzerland, where, for Economic Cooperation and Development Organization, is currently without a job is only of 3.2% and 4.2% of working-age population.

Due to the high income taxes and the VAT amount  Norway is one of Europe’s more generous unemployment benefit systems, and the average unemployed person receives 33.6% of their past salary as opposed to, for example, the U.S. and Britain, where the rate is 13.6% and 12.1 %. However, it seems that the most important thing is how Norway uses state funds to help the unemployed return to the labor market. The Nordic countries this is an expensive but effective active labor market program, which helps the unemployed labor market to recover by passing the training, assisted job search and obtaining the opportunity to work in subsidized jobs.

Advertisements

8 thoughts on “Norway – best country in the world to live in!

  1. It is true that Norway seems to have stabilized the economy the most in the world and thus a good condition of the labour market. Thanks to the economic agreements with the EU, Norway can develop its economy, and does not have to pay any membership fees or to share maritime area to catch fish. Norway has full freedom of action in the economic sector and labour market. What`s more Norway takes advandatages of it. Although Norway is regarded as the expensive country, there is a lot of people wanted to live there precisely because of the high social security and guarantees of getting well paid work. The Norwegian education system ideally suited to the needs of the labour market and economy.

    Reply
  2. Well, i find Norway beautiful and rich country,moreover, the fact provided in the article suprised me, but i have to admit that this is the best country to live in for native people of Norwey or at least people who speaks the language. For instance, for foreign people it is not so easy to find the job without knowing the language and there comes the point – that even though the perspectives are huge and bright, it is not always the easiest way for estabilshing your life. 🙂

    Reply
  3. Well, first I’m glad that both of you also think that Norway has very good economic situation and not only that… Most of the people recognize it as rich and high developed country, that’s why there are more and more immigrants every year. And I really think that language is not so big problem, because usually even people without good skills in english are going to work abroad and I know at least 10 people from my country which didn’t knew language before, they started with “black job”, but time passed and they got to know this language and they got better job 🙂

    Reply
  4. In each case, the job finding is not such an easy procedure at the beginning – you will always be forced to go through the rough path in order to get a great job opportunities. 🙂

    Reply
  5. Of course usually immigrants are starting with low-rated jobs, after that – when they get to know that country and find out all possibilities they can get some higher job. It’s easier to get good job right after moving to other country just for those whose friends or relatives are already living in some other country and they have some contacts 🙂

    Reply
  6. Ab, you’re right.
    It ís impossible to directly find – as an immigrant- a job, while you don’t even know the country, the culture and maybe the language. And about that it may be easier to find a job when friends or relatives already live in that country, I don’t totally agree with that.
    It depends on the economical situation of the country.. When -for example- the unemployment rate is high, it really doesn’t matter if friends or relatives have ‘contacts’. Those ‘contacts’ doesn’t mean a thing at that moment. So I think it’s better for people to move to an other country because of a job and not to move there and then find a job.. That’s very risky.

    Reply
  7. I would like to agree with guadalope, that when we speak about Norway and other Scandinavian countries as well, then having friends and relatives living in these countries is not essential for finding a job.

    There are several employment programmes, encouraging people from other European countries to find work in Scandinavia.

    For example, just today I received an e-mail via my home university that there is a Nordjob programme, which offers 750 vaccancies for young people from Estonia for the summer in Norway, Sweden, Finland, Denmark and Iceland.

    Talking about good job opportunities in Norway, then I have to admit that Norway has always been interested in hiring high skilled people such as doctors and other medical staff, engeneers and other high qualified workers from other countries such as Estonia. I know many high qualified people in Estonia, who got an offer to go and work in Norway, and they did so, as long as the wages difference is enormous.

    Reply
  8. You are all right about Norway but it will be really interesting how the economy of Norway will behave when oil is over and not any more the energy source number one. I think the best way is to start increasing and developing the service and finance sector to provide this highly developed social system in future as well.

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s