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.

Iceland Employment Rate
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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 [+]


Iceland Employment Rate

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
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Country Last Previous
Mexico 96.76 Oct/18
Switzerland 79.90 Jun/18
Netherlands 77.00 Jun/18
United Kingdom 75.50 Aug/18
Germany 75.40 Jun/18
France 65.90 Sep/18
Spain 64.01 Sep/18
Australia 62.20 Sep/18
Canada 61.70 Nov/18
South Korea 61.20 Oct/18
Japan 60.60 Oct/18
United States 60.60 Nov/18
Russia 59.80 Oct/18
Italy 58.70 Oct/18
Brazil 54.50 Oct/18
Turkey 47.60 Aug/18
South Africa 43.10 Sep/18
Argentina 41.90 Jun/18


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