Youth Unemployment Rate in Iceland increased to 12.40 percent in October from 8.80 percent in September of 2019. Youth Unemployment Rate in Iceland averaged 9.72 percent from 2003 until 2019, reaching an all time high of 21.60 percent in May of 2010 and a record low of 2.60 percent in May of 2016.

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Iceland Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.40 8.80 21.60 2.60 2003 - 2019 percent Monthly
SA

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 12.40 8.80 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 37.00 44.80 47.50 28.00 Thousand [+]
Full Time Employment 156.20 143.90 156.20 97.00 Thousand [+]
Employment Rate 77.20 77.60 82.90 73.20 percent [+]