Iceland Unemployed Persons  Forecast


Iceland Unemployed Persons
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Unemployed Persons in Iceland is expected to be 5646.56 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Iceland to stand at 5514.72 in 12 months time. In the long-term, the Iceland Unemployed Persons is projected to trend around 5262.05 in 2020, according to our econometric models.


Iceland Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 2.5 3.2 3.4 2.9 3.2 4
Employed Persons 193800 194475 194335 194210 194090 193153
Unemployed Persons 4900 5647 5595 5554 5515 5262
Labor Force Participation Rate 81 81.72 81.78 81.82 81.85 81.91
Long Term Unemployment Rate 0.5 0.51 0.51 0.51 0.52 0.53
Youth Unemployment Rate 6.1 8.54 8.58 8.75 8.87 9.41
Job Vacancies 100 205 285 337 369 415
Wages 553000 544121 555043 565964 576885 588699
Wage Growth 6 5.12 4.67 4.28 3.94 2.34
Population 0.34 0.34 0.34 0.34 0.34 0.36
Retirement Age Women 67 67 67 67 67 67
Retirement Age Men 67 67 67 67 67 67
Part Time Employment 37.7 45.27 38.52 37.49 43.01 41.02
Full Time Employment 148 134 147 150 137 137
Employment Rate 79.8 79.22 79.15 79.08 81.1 80.4