VOICED : Goodbye good times for Norways oil capital

The video discusses the impact of falling oil prices on Norway's economy, focusing on the city of Stavanger. It highlights the personal struggles of individuals like Roger, who faces unemployment for the first time. Statoil's cuts have led to increased unemployment, affecting local businesses and tax revenues. The housing market has cooled, and restaurants are quieter. The downturn is the most severe in recent years, affecting families' daily lives and future prospects.

What has been the effect of tumbling oil prices on employment in the region?

How has Roger's life changed due to the current job market?

What impact have lower tax revenues had on the city?

Describe the current state of the housing market as mentioned in the text.

What are the potential consequences for Roger's family if the oil prices and job market do not improve?