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.