Labor Force Participation Rate in Iceland decreased to 79.40 percent in November from 82 percent in October of 2019. Labor Force Participation Rate in Iceland averaged 81.89 percent from 2003 until 2019, reaching an all time high of 84.90 percent in November of 2016 and a record low of 77.70 percent in November of 2011.


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Iceland Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
79.40 82.00 84.90 77.70 2003 - 2019 percent Monthly
SA


Iceland Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.

Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 3.60 9.10 0.10 percent [+]
Employed Persons 197900.00 201800.00 203600.00 136600.00 [+]
Unemployed Persons 8200.00 7400.00 16700.00 100.00 [+]
Labor Force Participation Rate 79.40 82.00 84.90 77.70 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 15.40 12.40 21.60 2.60 percent [+]
Job Vacancies 68.00 65.00 1912.00 47.00 [+]
Wages 669000.00 653000.00 669000.00 380000.00 ISK/Month [+]
Wage Growth 1.50 1.30 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 38.70 37.00 47.50 28.00 Thousand [+]
Full Time Employment 152.70 156.20 156.20 97.00 Thousand [+]
Employment Rate 77.20 77.60 82.90 73.20 percent [+]