Iceland Employment Rate

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.

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Iceland Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	3.10	1.80	8.90	0.10	percent	[+]
Employed Persons	200400.00	201400.00	201400.00	136600.00		[+]
Unemployed Persons	6400.00	3600.00	16200.00	100.00		[+]
Labor Force Participation Rate	81.90	81.60	85.60	77.50	percent	[+]
Long Term Unemployment Rate	0.30	0.50	1.70	0.10	percent	[+]
Youth Unemployment Rate	8.40	4.00	21.20	3.10	percent	[+]
Job Vacancies	133.00	159.00	1912.00	71.00		[+]
Wages	615000.00	555000.00	615000.00	380000.00	ISK/Month	[+]
Wage Growth	3.20	3.00	11.60	-9.40	percent	[+]
Population	0.35	0.34	0.35	0.17	Million	[+]
Retirement Age Women	67.00	67.00	67.00	67.00		[+]
Retirement Age Men	67.00	67.00	67.00	67.00		[+]
Part Time Employment	36.60	44.10	47.50	28.00	Thousand	[+]
Full Time Employment	150.00	139.40	150.00	97.00	Thousand	[+]
Employment Rate	79.40	80.20	84.20	72.90	percent	[+]

In Iceland, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Iceland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Employment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	79.40	80.20	84.20	72.90	2003 - 2018	percent	Monthly	SA

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Country	Last		Previous	Range
Mexico	96.76	Oct/18	96.4	97.23 : 93.58	%
Switzerland	79.90	Jun/18	79.4	81.3 : 76.9	%
Netherlands	77.00	Jun/18	76.2	77.6 : 63.5	%
United Kingdom	75.50	Aug/18	75.5	75.7 : 65.6	%
Germany	75.40	Jun/18	75.4	76 : 63.6	%
France	65.90	Sep/18	65.8	65.9 : 63.5	%
Spain	64.01	Sep/18	63.53	67.18 : 54.91	%
Australia	62.20	Sep/18	62.2	62.9 : 54	%
Canada	61.70	Nov/18	61.5	63.7 : 56	%
South Korea	61.20	Oct/18	61.2	61.6 : 56.1	%
Japan	60.60	Oct/18	60.5	63.5 : 55.9	%
United States	60.60	Nov/18	60.6	64.7 : 55	%
Russia	59.80	Oct/18	60.3	66.6 : 59.3	%
Italy	58.70	Oct/18	58.6	58.9 : 55.3	%
Brazil	54.50	Oct/18	54.4	57.3 : 53.1	%
Turkey	47.60	Aug/18	47.4	47.9 : 38.9	%
South Africa	43.10	Sep/18	43.1	46.17 : 41	%
Argentina	41.90	Jun/18	42.4	43.4 : 36.3	%