Iceland Employed Persons - Forecast

Employed Persons in Iceland is expected to be 201600.11 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 203208.50 in 12 months time. In the long-term, the Iceland Employed Persons is projected to trend around 209139.79 in 2020, according to our econometric models.


Iceland Employed Persons
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Iceland Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 2.4 2.9 2.8 3 2.9 3.4
Employed Persons 201200 201600 202131 202668 203208 209140
Unemployed Persons 8300 7177 7099 7022 6949 6438
Labor Force Participation Rate 83.4 82.02 82.46 82.37 82.31 82.37
Long Term Unemployment Rate 0.5 0.6 0.58 0.57 0.63 0.74
Youth Unemployment Rate 4.1 10.4 8.75 7.76 7 7.95
Job Vacancies 193 165 185 195 199 203
Wages 615000 700000 700000 700000 750000 800000
Wage Growth 4.8 5.16 5.17 5.17 5.17 5.17
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 45.1 38.35 38.35 38.35 38.35 38.35
Full Time Employment 138 147 147 147 147 147
Employment Rate 80.1 80.2 80.1 80 79.8 79.2