The number of employed persons in Iceland increased to 198700 in August of 2021 from 197500 in July of 2021. source: Statistics Iceland

Employed Persons in Iceland averaged 172057.63 from 1991 until 2021, reaching an all time high of 198700 in August of 2021 and a record low of 136600 in December of 1993. This page provides the latest reported value for - Iceland Employed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Employed Persons - values, historical data and charts - was last updated on October of 2021.

Employed Persons in Iceland is expected to be 202501.15 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Employed Persons is projected to trend around 205272.29 in 2022 and 206479.40 in 2023, according to our econometric models.

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Iceland Employed Persons

Iceland Last Unit Reference Previous Highest Lowest
Unemployment Rate 5.10 percent Aug/21 5.10 9.90 0.10
Employed Persons 198700.00 Aug/21 197500.00 198700.00 136600.00
Unemployed Persons 10700.00 Aug/21 10700.00 18300.00 100.00
Labor Force Participation Rate 79.50 percent Aug/21 78.70 83.50 73.70
Youth Unemployment Rate 10.40 percent Jul/21 10.70 28.50 1.80
Wages 731000.00 ISK/Month Dec/20 695000.00 731000.00 380000.00
Wage Growth 3.40 percent Jul/21 3.40 11.60 -9.40
Employment Rate 75.00 percent Aug/21 74.80 80.60 68.40

Iceland Employed Persons
In Iceland, employed persons are individuals with a minimum required age who work during a certain time for a business.