Iceland Unemployment Rate  1970-2018 | Data | Chart | Calendar | Forecast

The seasonally adjusted unemployment rate in Iceland dropped to 2.4 percent in February 2018 following a downwardly revised 3.4 percent in the previous month. It is the lowest jobless rate since July 2017. The number of unemployed decreased by 2,200 to 4,900 and the number of employed edged down by 2,900 to 197,100. The activity rate decreased to 81.7 percent from a downwardly revised 83.2 percent in the previous month. Unemployment Rate in Iceland averaged 2.45 percent from 1970 until 2018, reaching an all time high of 9.20 percent in May of 2010 and a record low of 0.10 percent in August of 1972.

Iceland Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-25 09:00 AM Unemployment Rate 3.3% 2.1% 2.8%
2018-02-22 09:00 AM Unemployment Rate 3.9% 3.3% 3%
2018-03-22 09:00 AM Unemployment Rate 2.4% 3.4% 3.3%
2018-04-26 09:00 AM Unemployment Rate 2.4% 1.9%
2018-05-24 09:00 AM Unemployment Rate 3.1%
2018-06-28 09:00 AM Unemployment Rate 2.8%


Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 3.40 9.20 0.10 percent [+]
Employed Persons 201200.00 198100.00 201200.00 136600.00 [+]
Unemployed Persons 8300.00 6700.00 16800.00 100.00 [+]
Labor Force Participation Rate 83.40 82.90 85.00 78.70 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 4.10 10.80 21.70 2.80 percent [+]
Job Vacancies 193.00 102.00 1912.00 71.00 [+]
Wages 615000.00 555000.00 615000.00 380000.00 ISK/Month [+]
Wage Growth 4.80 4.80 11.60 -9.40 percent [+]
Population 0.34 0.33 0.34 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 45.10 39.00 47.50 28.00 Thousand [+]
Full Time Employment 138.10 145.20 148.30 97.00 Thousand [+]
Employment Rate 80.10 80.20 83.50 73.00 percent [+]


Iceland Unemployment Rate

In Iceland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Iceland Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 3.40 9.20 0.10 1970 - 2018 percent Monthly
SA




unemployment rate by Country
Country Last
Spain 16.55 Dec/17
Brazil 12.60 Feb/18
Italy 10.90 Feb/18
Turkey 10.80 Jan/18
France 8.90 Dec/17
Euro Area 8.50 Feb/18
Canada 5.80 Mar/18
Australia 5.50 Mar/18
Indonesia 5.50 Sep/17
Russia 5.00 Mar/18
United Kingdom 4.20 Feb/18
United States 4.10 Mar/18
South Korea 4.00 Mar/18
China 3.90 Dec/17
Netherlands 3.90 Mar/18
India 3.52 Dec/17
Germany 3.50 Feb/18
Mexico 3.20 Feb/18
Switzerland 2.90 Mar/18
Japan 2.50 Feb/18


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