Iceland Employed Persons  Forecast


Iceland Employed Persons
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Employed Persons in Iceland is expected to be 195090.95 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Iceland to stand at 194936.81 in 12 months time. In the long-term, the Iceland Employed Persons is projected to trend around 193869.08 in 2020, according to our econometric models.


Iceland Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 3.6 2.8 3.2 3.4 2.9 4
Employed Persons 195900 195091 195178 195060 194937 193869
Unemployed Persons 7300 6787 6718 6628 6540 5907
Labor Force Participation Rate 82.8 82.03 82.09 82.06 82.02 81.94
Long Term Unemployment Rate 0.5 0.51 0.51 0.51 0.51 0.53
Youth Unemployment Rate 6.1 8.93 8.54 8.58 8.75 9.41
Job Vacancies 150 261 322 367 394 433
Wages 553000 576885 581848 586810 591773 588699
Wage Growth 6 5.64 5.12 4.67 4.28 2.34
Population 0.34 0.34 0.34 0.34 0.34 0.36
Retirement Age Women 67 67 67 67 67 67
Retirement Age Men 67 67 67 67 67 67
Part Time Employment 37.7 44.56 45.27 38.52 37.49 41.02
Full Time Employment 148 134 133 139 140 133
Employment Rate 79.8 81.5 79.22 79.15 79.08 80.4