Employment Rate in Iceland increased to 76.70 percent in November from 75.50 percent in October of 2021. source: Statistics Iceland

Employment Rate in Iceland averaged 76.16 percent from 2003 until 2021, reaching an all time high of 80.60 percent in March of 2017 and a record low of 68.50 percent in April of 2020. This page provides - Iceland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Employment Rate - values, historical data and charts - was last updated on January of 2022.

Employment Rate in Iceland is expected to be 78.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Employment Rate is projected to trend around 78.50 percent in 2022 and 79.00 percent in 2023, according to our econometric models.

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Iceland Employment Rate

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.
Actual Previous Highest Lowest Dates Unit Frequency
76.70 75.50 80.60 68.50 2003 - 2021 percent Monthly

Related Last Previous Unit Reference
Unemployment Rate 4.20 5.80 percent Nov/21
Employed Persons 205100.00 202000.00 Nov/21
Unemployed Persons 9285.00 12200.00 Nov/21
Labor Force Participation Rate 80.10 80.00 percent Nov/21
Youth Unemployment Rate 7.00 3.70 percent Sep/21
Wages 731000.00 695000.00 ISK/Month Dec/20
Wage Growth 3.30 3.40 percent Sep/21
Employment Rate 76.70 75.50 percent Nov/21