Iceland Employed Persons - Forecast

Employed Persons in Iceland is expected to be 200778.39 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 200532.25 in 12 months time. In the long-term, the Iceland Employed Persons is projected to trend around 199074.84 in 2020, according to our econometric models.


Iceland Employed Persons
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Iceland Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 3.9 2.8 2.9 2.8 3 3.4
Employed Persons 201200 200778 200794 200661 200532 199075
Unemployed Persons 8300 7204 7141 7025 6908 5891
Labor Force Participation Rate 83.4 82.79 82.5 82.31 82.19 81.97
Long Term Unemployment Rate 0.5 0.51 0.51 0.51 0.52 0.53
Youth Unemployment Rate 4.1 8.12 7.8 7.86 8.12 9.28
Job Vacancies 122 187 275 331 365 415
Wages 615000 609183 632021 654859 677697 798390
Wage Growth 5.3 4.69 4.28 3.93 3.62 1.89
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 39 45.07 38.74 39.15 44.31 41.36
Full Time Employment 145 132 146 143 130 131
Employment Rate 80.1 80 80.2 80.1 80 79.2