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Unemployment Rate and Employment Data in Iceland

Iceland Unemployment Data

Indicator Data Period
Unemployment Rate 4.5 % Aug/22
Youth Unemployment Rate 3.4 % Jul/22
Employed Persons 206800 Person | 0.207 Million Person Jul/22
Employment Rate  76.1 % Jul/22
Full Time Employment 146 Thousand Person 1Q/22
Part Time Employment 47.2 Thousand Persons 1Q/22
Unemployed Persons 9700 Persons | 0.01 Million Persons Aug/22


Latest data on Unemployment Rate (%)

Unemployment Rate
                     Iceland - Historical Data (%)

What is Unemployment Rate in Iceland?

  • Unemployment Rate in Iceland increased to 4.5 % in August 2022. The maximum rate was 9.8 % and minimum was 0.1 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
4.5 Aug/22 22.09.2022
4.1 Jul/22 25.08.2022
4 Jun/22 04.08.2022
3.5 May/22 23.06.2022
2.5 Apr/22 25.05.2022
4.6 Mar/22 28.04.2022
4.5 Feb/22 24.03.2022
3.3 Jan/22 24.02.2022


Historical Chart by presidents (%)

Unemployment Rate in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gudni Thorlacius Johannesson 01.08.2016 - 2.5000 3.5000 3.9000 1.8000 40.00%


Latest data on Youth Unemployment Rate (%)

Youth Unemployment Rate
                     Iceland - Historical Data (%)

What is Youth Unemployment Rate in Iceland?

  • Youth Unemployment Rate in Iceland decreased to 3.4 % in July 2022. The maximum rate was 28.5 % and minimum was 1.8 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
3.4 Jul/22 25.08.2022
10.2 Jun/22 04.08.2022
9.7 Jan/22 09.03.2022
7 Sep/21 18.01.2022
10.4 Jul/21 26.08.2021
15.9 Feb/21 27.04.2021
15.9 Jan/21 25.02.2021
10 Dec/20 18.02.2021


Historical Chart by presidents (%)

Youth Unemployment Rate in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Gudni Thorlacius Johannesson 01.08.2016 - 8.4000 4.9000 11.0000 4.1000 -41.67%


Latest data on Employed Persons (Person)

Employed Persons
                     Iceland - Historical Data (Person)

How many employed persons are in Iceland?

  • Number of Employed Persons in Iceland increased to 206800 Person (0.207 Million Person) in July 2022. The maximum rate was 198300 Person and minimum was 136600 Person.
  • Data published Monthly by Statistics.

Historical Data (Person) by years

Data
Period
Date
206800 Jul/22 25.08.2022
209200 Jun/22 04.08.2022
209500 May/22 23.06.2022
207500 Apr/22 25.05.2022
209900 Feb/22 24.03.2022
204900 Jan/22 24.02.2022
201200 Dec/21 27.01.2022
205100 Nov/21 18.01.2022


Historical Chart by presidents (Person)

Employed Persons in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Employment Rate  (%)

Employment Rate 
                     Iceland - Historical Data (%)

What is Employment Rate in Iceland?

  • Employment Rate in Iceland decreased to 76.1 % in July 2022. The maximum rate was 80.6 % and minimum was 68.2 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
76.1 Jul/22 25.08.2022
76.6 Jun/22 04.08.2022
78 May/22 23.06.2022
76.3 Apr/22 25.05.2022
78.4 Feb/22 24.03.2022
76.7 Jan/22 24.02.2022
75.5 Dec/21 27.01.2022
76.7 Nov/21 18.01.2022


Historical Chart by presidents (%)

Employment Rate  in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Full Time Employment (Thousand Person)

Full Time Employment
                     Iceland - Historical Data (Thousand Person)

What is the number of full-time workers in Iceland?

  • Full Time Employment in Iceland remained unchanged at 146 Thousand Person in the first quarter of 2022. The maximum rate was 156 Thousand Person and minimum was 97 Thousand Person.
  • Data published Quarterly by Eurostat.

Historical Data (Thousand Person) by years

Data
Period
Date
146 1Q/22 25.08.2022
146 4Q/21 19.03.2022
154 3Q/21 18.01.2022
147 2Q/21 25.09.2021
132 4Q/20 17.04.2021
153 3Q/20 28.11.2020
143 2Q/20 26.09.2020
142 1Q/20 29.08.2020


Historical Chart by presidents (Thousand Person)

Full Time Employment in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Part Time Employment (Thousand Persons)

Part Time Employment
                     Iceland - Historical Data (Thousand Persons)

What is Part Time Employment in Iceland?

  • Part Time Employment in Iceland increased to 47.2 Thousand Persons in the first quarter of 2022. The maximum rate was 47.5 Thousand Persons and minimum was 28 Thousand Persons.
  • Data published Quarterly by Eurostat.

Historical Data (Thousand Persons) by years

Data
Period
Date
47.2 1Q/22 25.08.2022
44.5 4Q/21 19.03.2022
38 3Q/21 18.01.2022
36.9 2Q/21 25.09.2021
43.2 4Q/20 17.04.2021
39.1 3Q/20 28.11.2020
39.6 2Q/20 26.09.2020
46.2 1Q/20 29.08.2020


Historical Chart by presidents (Thousand Persons)

Part Time Employment in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Unemployed Persons (Persons)

Unemployed Persons
                     Iceland - Historical Data (Persons)

How many Unemployed Persons are in Iceland?

  • Number of Unemployed Persons in Iceland increased to 9700 Persons (0.01 Million Persons) in August 2022. The maximum rate was 18100 Persons and minimum was 100 Persons.
  • Data published Monthly by Statistics.

Historical Data (Persons) by years

Data
Period
Date
9700 Aug/22 22.09.2022
8800 Jul/22 25.08.2022
8700 Jun/22 04.08.2022
7600 May/22 23.06.2022
5400 Apr/22 25.05.2022
9800 Feb/22 24.03.2022
7100 Jan/22 24.02.2022
9800 Dec/21 27.01.2022


Historical Chart by presidents (Persons)

Unemployed Persons in Iceland by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Iceland

Index Updated Actual Previous
Retirement Age Men 2022 67 67
Wages 2021 5280.248 USD/Month 5005.95
Job Vacancies Apr/22 0.76 K 0.678
Labor Force Participation Rate Jul/22 79.3 % 79.7

Unemployment Rate in other countries

Country Updated Actual Previous
Austria Aug/22 5.9 % 5.6
Ireland Aug/22 4.3 % 4.2
Luxembourg Aug/22 4.8 % 4.7
Spain 2Q/22 12.48 % 13.65
Iceland Aug/22 4.5 % 4.1
Norway Jun/22 3.3 % 3.3
Belarus Dec/21 3.9 % 4.05
Belgium Jul/22 5.9 % 5.5
Bulgaria Jul/22 4.2 % 4.2
Croatia Aug/22 6.3 % 6.3
Cyprus Jul/22 8 % 5.1
Czech Republic Aug/22 3.4 % 3.3
Denmark Jul/22 2.7 % 2.6
Estonia 2Q/22 5.8 % 5.5
Euro Area Jul/22 6.6 % 6.7
European Union Jul/22 6 % 6.1
Finland Aug/22 6.7 % 6.6
France 2Q/22 7.4 % 7.3
Germany Aug/22 5.5 % 5.4
Greece Jul/22 12.6 % 12.3
Hungary Aug/22 3.4 % 3.3
Italy Jul/22 7.9 % 8
Latvia 2Q/22 6.6 % 7.3
Lithuania Aug/22 8.6 % 9.1
Macedonia 2Q/22 14.5 % 14.8
Malta 2Q/22 2.9 % 3.2
Moldova 2Q/22 2.4 % 3
Montenegro Aug/22 19.16 % 19.45
Netherlands Aug/22 3.8 % 3.6
Poland Aug/22 4.8 % 4.9
Portugal 2Q/22 5.7 % 5.9
Romania Jul/22 5.2 % 5.4
Russia Jul/22 3.9 % 3.9
Serbia 2Q/22 8.9 % 10.6
Slovakia Aug/22 6.1 % 6.2
Slovenia Jul/22 5.6 % 5.5
Sweden Aug/22 6.6 % 6.4
Switzerland Aug/22 2 % 2
Turkey Jul/22 10.1 % 10.3
Ukraine 4Q/21 10.6 % 9.2
United Kingdom Aug/19 3.9 %
Liechtenstein 2020 1.9 % 1.5
Albania 2Q/22 11.1 % 11.7
Bosnia and Herzegovina Jun/22 29.99 % 29.91
Kosovo 2Q/21 20.5 % 25.8