Employment Rate in Iceland decreased to 79.40 percent in October from 80.20 percent in September of 2018. Employment Rate in Iceland averaged 78.44 percent from 2003 until 2018, reaching an all time high of 84.20 percent in March of 2017 and a record low of 72.90 percent in November of 2011.
Employment Rate in Iceland is expected to be 79.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Iceland to stand at 79.50 in 12 months time. In the long-term, the Iceland Employment Rate is projected to trend around 79.00 percent in 2020, according to our econometric models.