Youth Unemployment Rate in Iceland decreased to 10.40 percent in July from 10.70 percent in June of 2021. source: Statistics Iceland

Youth Unemployment Rate in Iceland averaged 10.83 percent from 2003 until 2021, reaching an all time high of 28.50 percent in May of 2010 and a record low of 1.80 percent in May of 2016. This page provides the latest reported value for - Iceland Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Youth Unemployment Rate - values, historical data and charts - was last updated on September of 2021.

Youth Unemployment Rate in Iceland is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Youth Unemployment Rate is projected to trend around 7.39 percent in 2022, according to our econometric models.

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Iceland Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.40 10.70 28.50 1.80 2003 - 2021 percent Monthly
SA

Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.10 9.90 0.10 percent [+]
Employed Persons 198700.00 197500.00 198700.00 136600.00 [+]
Unemployed Persons 10700.00 10700.00 18300.00 100.00 [+]
Labor Force Participation Rate 79.50 78.70 83.50 73.70 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 10.40 10.70 28.50 1.80 percent [+]
Job Vacancies 908.00 1123.00 4018.00 47.00 [+]
Wages 731000.00 695000.00 731000.00 380000.00 ISK/Month [+]
Wage Growth 3.40 3.40 11.60 -9.40 percent [+]
Population 0.36 0.36 0.36 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 36.90 43.10 47.50 28.00 Thousand [+]
Employment Rate 75.00 74.80 80.60 68.40 percent [+]
Full Time Employment 146.80 132.80 156.20 97.00 Thousand [+]