Iceland Employment Rate

Employment Rate in Iceland decreased to 76.90 percent in August from 78.70 percent in July of 2019. Employment Rate in Iceland averaged 78.48 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.

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Iceland Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	4.40	3.10	9.10	0.10	percent	[+]
Employed Persons	195500.00	201300.00	203600.00	136600.00		[+]
Unemployed Persons	8500.00	6500.00	16700.00	100.00		[+]
Labor Force Participation Rate	80.00	81.20	84.90	77.70	percent	[+]
Long Term Unemployment Rate	0.30	0.50	1.70	0.10	percent	[+]
Youth Unemployment Rate	12.20	7.40	21.60	2.60	percent	[+]
Job Vacancies	100.00	119.00	1912.00	47.00		[+]
Wages	652000.00	613000.00	652000.00	380000.00	ISK/Month	[+]
Wage Growth	1.10	0.90	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	76.90	78.70	82.90	73.20	percent	[+]

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 October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	76.90	78.70	82.90	73.20	2003 - 2019	percent	Monthly	SA

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Country	Last		Previous	Range
Mexico	96.26	Aug/19	96.29	97.23 : 93.58	%
Switzerland	80.60	Jun/19	79.9	81.3 : 76.9	%
Netherlands	78.10	Jun/19	77.7	78.1 : 63.5	%
Germany	76.50	Jun/19	76.3	76.5 : 63.6	%
United Kingdom	75.90	Jul/19	76.1	76.1 : 65.6	%
France	66.00	Jun/19	66.1	66.1 : 63.5	%
Spain	64.49	Jun/19	63.58	67.18 : 54.91	%
Australia	62.70	Sep/19	62.7	62.9 : 54	%
Canada	62.10	Sep/19	62	63.7 : 56	%
South Korea	61.50	Sep/19	61.4	61.6 : 56.1	%
United States	61.00	Sep/19	60.9	64.7 : 55	%
Japan	60.90	Aug/19	60.7	65.4 : 55.9	%
Russia	59.90	Aug/19	59.7	66.6 : 58.8	%
Italy	59.10	Jul/19	59.2	59.2 : 55.3	%
Brazil	54.70	Aug/19	54.7	57.3 : 53.1	%
India	46.80	Dec/18	47.8	50.8 : 46.8	%
Turkey	45.50	Jul/19	45.6	47.9 : 38.9	%
Argentina	42.60	Jun/19	42.3	43.4 : 36.3	%
South Africa	42.44	Jun/19	42.56	46.17 : 41	%