Employment Rate in Iceland decreased to 77.20 percent in May from 79.80 percent in April of 2019. Employment Rate in Iceland averaged 78.49 percent from 2003 until 2019, reaching an all time high of 82.90 percent in January of 2007 and a record low of 73.20 percent in May of 2010.

Employment Rate in Iceland is expected to be 79.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Iceland to stand at 79.40 in 12 months time. In the long-term, the Iceland Employment Rate is projected to trend around 79.00 percent in 2020, according to our econometric models.

Iceland Employment Rate
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Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 3.20 9.10 0.10 percent [+]
Employed Persons 200000.00 202400.00 203100.00 136600.00 [+]
Unemployed Persons 10000.00 6700.00 16700.00 100.00 [+]
Labor Force Participation Rate 81.10 82.40 84.90 77.70 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 7.70 8.70 21.30 3.10 percent [+]
Job Vacancies 151.00 238.00 1912.00 47.00 [+]
Wages 652000.00 613000.00 652000.00 380000.00 ISK/Month [+]
Wage Growth 2.50 2.60 11.60 -9.40 percent [+]
Population 0.35 0.34 0.35 0.17 Million [+]
Retirement Age Women 67.00 67.00 67.00 67.00 [+]
Retirement Age Men 67.00 67.00 67.00 67.00 [+]
Part Time Employment 44.80 44.60 47.50 28.00 Thousand [+]
Full Time Employment 143.90 144.40 155.20 97.00 Thousand [+]
Employment Rate 77.20 79.80 82.90 73.20 percent [+]


Iceland Employment Rate

In Iceland, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Iceland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Employment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
77.20 79.80 82.90 73.20 2003 - 2019 percent Monthly
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Country Last Previous
Mexico 96.49 May/19
Switzerland 79.90 Mar/19
Netherlands 77.70 Mar/19
Germany 76.30 Mar/19
United Kingdom 76.00 Apr/19
France 66.10 Mar/19
Spain 63.58 Mar/19
Australia 62.50 Jun/19
Canada 62.10 Jun/19
South Korea 61.50 May/19
Japan 60.70 May/19
United States 60.60 Jun/19
Russia 59.10 May/19
Italy 59.00 May/19
Brazil 54.50 May/19
India 46.80 Dec/18
Turkey 45.80 Apr/19
South Africa 42.56 Mar/19
Argentina 42.30 Mar/19


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