The number of unemployed persons in Iceland decreased to 8300 in June of 2020 from 14300 in May of 2020.

Unemployed Persons in Iceland averaged 3977.74 from 1970 until 2020, reaching an all time high of 16700 in April of 2011 and a record low of 100 in September of 1972. This page provides - Iceland Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Unemployed Persons - values, historical data and charts - was last updated on August of 2020.

Unemployed Persons in Iceland is expected to be 5494.28 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Iceland to stand at 5499.86 in 12 months time. In the long-term, the Iceland Unemployed Persons is projected to trend around 5500.09 in 2021, according to our econometric models.

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Iceland Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
8300.00 14300.00 16700.00 100.00 1970 - 2020 Monthly
SA

Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 5.90 9.10 0.10 percent [+]
Employed Persons 197900.00 190500.00 203600.00 136600.00 [+]
Unemployed Persons 8300.00 14300.00 16700.00 100.00 [+]
Labor Force Participation Rate 80.10 79.50 84.90 75.40 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 7.30 11.00 21.60 2.60 percent [+]
Job Vacancies 244.00 266.00 1912.00 47.00 [+]
Wages 669000.00 653000.00 669000.00 380000.00 ISK/Month [+]
Wage Growth 4.00 3.80 11.60 -9.40 percent [+]
Population 0.36 0.35 0.36 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 43.20 38.70 47.50 28.00 Thousand [+]
Employment Rate 75.50 72.80 82.90 70.20 percent [+]
Full Time Employment 146.10 152.70 156.20 97.00 Thousand [+]


Iceland Unemployed Persons
In Iceland, unemployed persons are individuals who are without a job and actively seeking to work.