Labor Force Participation Rate in Iceland decreased to 80 percent in August from 81.20 percent in July of 2019. Labor Force Participation Rate in Iceland averaged 81.90 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.

Iceland Labor Force Participation Rate
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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 [+]


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. This page provides the latest reported value for - Iceland Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
80.00 81.20 84.90 77.70 2003 - 2019 percent Monthly
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Country Last Previous
United Kingdom 79.00 Jul/19
France 72.00 Jun/19
Netherlands 71.30 Sep/19
Indonesia 69.20 Dec/18
Switzerland 68.40 Jun/19
Russia 67.90 Jun/19
Singapore 67.70 Dec/18
Australia 66.10 Sep/19
Italy 65.80 Jul/19
Canada 65.70 Sep/19
South Korea 63.50 Sep/19
United States 63.20 Sep/19
Japan 62.30 Aug/19
Brazil 62.10 Aug/19
Germany 61.60 Jun/19
Mexico 60.10 Sep/19
South Africa 59.80 Jun/19
Spain 58.74 Jun/19
Saudi Arabia 57.90 Jun/19
Euro Area 57.30 Jun/19
Turkey 53.10 Jul/19
India 49.80 Dec/18
Argentina 47.70 Jun/19


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