13 December 2022 at 10:00 NHO warns of higher unemployment NHO warns of a change in mood and higher unemployment in the future. The growth estimate for the Norwegian economy in 2023 has been jacked down to 0.8 per cent, and this implies a decrease in activity in the first two quarters of next year. The cost shock resulting from increased energy prices will reduce companies’ profitability and reduce investment in many industries. High inflation and increased interest rates will also result in lower consumption growth next year. In the construction industry, there are many companies that want to reduce the number of employees, according to NHO’s financial overview.
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