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.

Iceland Employment Rate
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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 [+]


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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
81.00 79.30 84.20 73.00 2003 - 2019 percent Monthly
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Country Last Previous
Mexico 96.43 Jan/19
Switzerland 80.50 Sep/18
Netherlands 77.70 Sep/18
Germany 76.30 Sep/18
United Kingdom 76.10 Dec/18
France 66.10 Dec/18
Spain 64.00 Dec/18
Australia 62.40 Jan/19
Canada 62.00 Feb/19
United States 60.70 Feb/19
South Korea 60.10 Dec/18
Japan 59.70 Jan/19
Russia 58.80 Jan/19
Italy 58.70 Jan/19
Brazil 54.20 Jan/19
Turkey 46.40 Dec/18
South Africa 43.34 Dec/18
Argentina 42.50 Sep/18


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