Europe’s Workers Flock to Norway for Better-Paying Jobs

“People in Norway are paid $80,000 a year on average and work 20 percent fewer hours than the average for the 34-member Organization for Economic Cooperation and Development. The country lags behind only the Netherlands and Germany for shortest work days.  Yet with 84 percent of companies experiencing a shortage of skilled engineers, according to government figures, the world’s fourth-largest gas producer is struggling to find the workers it needs to boost oil production. Oil and gas account for about 20 percent of gross domestic product. The AAA-rated country also boasts the world’s largest sovereign wealth fund, valued at $750 billion.”

http://www.bloomberg.com/news/2013-09-02/europe-s-workers-flock-to-norway-for-better-paying-jobs.html

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