Iceland Employment Rate

Employment Rate in Iceland increased to 81 percent in January from 79.30 percent in December of 2018. Employment Rate in Iceland averaged 78.47 percent from 2003 until 2019, reaching an all time high of 84.20 percent in March of 2017 and a record low of 73 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 79.40 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	2.70	1.70	8.90	0.10	percent	[+]
Employed Persons	205700.00	200500.00	205700.00	136600.00		[+]
Unemployed Persons	5800.00	3400.00	16100.00	100.00		[+]
Labor Force Participation Rate	83.30	80.60	85.60	77.50	percent	[+]
Long Term Unemployment Rate	0.30	0.50	1.70	0.10	percent	[+]
Youth Unemployment Rate	8.60	3.30	21.00	3.10	percent	[+]
Job Vacancies	149.00	92.00	1912.00	47.00		[+]
Wages	652000.00	613000.00	652000.00	380000.00	ISK/Month	[+]
Wage Growth	2.30	2.20	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	36.30	36.60	47.50	28.00	Thousand	[+]
Full Time Employment	155.20	150.00	155.20	97.00	Thousand	[+]
Employment Rate	81.00	79.30	84.20	73.00	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 March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	81.00	79.30	84.20	73.00	2003 - 2019	percent	Monthly	SA

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Country	Last		Previous	Range
Mexico	96.43	Jan/19	96.65	97.23 : 93.58	%
Switzerland	80.50	Sep/18	79.9	81.3 : 76.9	%
Netherlands	77.70	Sep/18	77	77.7 : 63.5	%
Germany	76.30	Sep/18	75.4	76.3 : 63.6	%
United Kingdom	76.10	Dec/18	75.8	76.1 : 65.6	%
France	66.10	Dec/18	65.9	66.1 : 63.5	%
Spain	64.00	Dec/18	64.01	67.18 : 54.91	%
Australia	62.40	Jan/19	62.3	62.9 : 54	%
Canada	62.00	Feb/19	61.8	63.7 : 56	%
United States	60.70	Feb/19	60.7	64.7 : 55	%
South Korea	60.10	Dec/18	61.4	61.6 : 56.1	%
Japan	59.70	Jan/19	60	63.5 : 55.9	%
Russia	58.80	Jan/19	59.9	66.6 : 58.8	%
Italy	58.70	Jan/19	58.7	58.9 : 55.3	%
Brazil	54.20	Jan/19	54.5	57.3 : 53.1	%
Turkey	46.40	Dec/18	46.9	48 : 38.9	%
South Africa	43.34	Dec/18	43.1	46.17 : 41	%
Argentina	42.50	Sep/18	41.9	43.4 : 36.3	%