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Unemployment Rate and Employment Data in Iceland

Iceland Unemployment Data

Indicator Data Period
Unemployment Rate 8.3 % Mar/21
Youth Unemployment Rate 15.9 % Feb/21
Employed Persons 188900 Person | 0.189 Million Person Mar/21
Employment Rate  71.8 % Mar/21
Full Time Employment 132 Thousand Person 4Q/20
Part Time Employment 43.2 Thousand Persons 4Q/20
Unemployed Persons 17000 Persons | 0.017 Million Persons Mar/21


Latest data on Unemployment Rate (%)

Unemployment Rate
                     Iceland - Historical Data (%)

What is Unemployment Rate in Iceland?

  • Unemployment Rate in Iceland increased to 8.3 % in March 2021. The maximum rate was 9.8 % and minimum was 0.1 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
8.3 Mar/21 28.04.2021
6.4 Feb/21 25.03.2021
8.2 Jan/21 25.02.2021
6 Dec/20 28.01.2021
7.1 Nov/20 22.12.2020
6.7 Oct/20 26.11.2020
4.9 Sep/20 05.11.2020
6 Aug/20 24.09.2020


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 remained unchanged at 15.9 % in February 2021. The maximum rate was 28.5 % and minimum was 1.8 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
15.9 Feb/21 27.04.2021
15.9 Jan/21 25.02.2021
10 Dec/20 18.02.2021
10.5 Oct/20 26.11.2020
11.7 Sep/20 05.11.2020
9.8 Aug/20 24.09.2020
7.3 Jun/20 30.07.2020
11 May/20 25.06.2020


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 decreased to 188900 Person (0.189 Million Person) in March 2021. The maximum rate was 198300 Person and minimum was 136600 Person.
  • Data published Monthly by Statistics.

Historical Data (Person) by years

Data
Period
Date
188900 Mar/21 28.04.2021
190200 Feb/21 25.03.2021
187700 Jan/21 25.02.2021
197200 Dec/20 30.01.2021
191600 Oct/20 26.11.2020
199300 Sep/20 05.11.2020
196000 Aug/20 24.09.2020
194800 Jul/20 27.08.2020


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 71.8 % in March 2021. The maximum rate was 80.6 % and minimum was 68.2 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
71.8 Mar/21 28.04.2021
72.4 Feb/21 25.03.2021
71.5 Jan/21 25.02.2021
75.6 Dec/20 30.01.2021
75 Oct/20 26.11.2020
75.7 Sep/20 05.11.2020
76.3 Aug/20 24.09.2020
75.7 Jul/20 27.08.2020


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 decreased to 132 Thousand Person in the forth quarter of 2020. 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
132 4Q/20 17.04.2021
153 3Q/20 28.11.2020
143 2Q/20 26.09.2020
142 1Q/20 29.08.2020
146 4Q/19 15.04.2020
153 3Q/19 20.01.2020
156 2Q/19 13.11.2019
144 1Q/19 29.10.2019


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 43.2 Thousand Persons in the forth quarter of 2020. 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
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
43.2 4Q/19 15.04.2020
38.7 3Q/19 20.01.2020
37 2Q/19 13.11.2019
44.8 1Q/19 29.10.2019


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 17000 Persons (0.017 Million Persons) in March 2021. The maximum rate was 18100 Persons and minimum was 100 Persons.
  • Data published Monthly by Statistics.

Historical Data (Persons) by years

Data
Period
Date
17000 Mar/21 28.04.2021
13100 Feb/21 25.03.2021
16600 Jan/21 25.02.2021
12400 Dec/20 30.01.2021
13600 Oct/20 26.11.2020
9900 Sep/20 05.11.2020
12400 Aug/20 24.09.2020
12600 Jul/20 27.08.2020


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 2021 67 67
Wages 2019 5609.354 USD/Month 5439.863
Job Vacancies Mar/21 1.583 K 0.343
Labor Force Participation Rate Mar/21 78.1 % 78.2

Unemployment Rate in other countries

Country Updated Actual Previous
Austria Apr/21 8.7 % 9.4
Ireland Apr/21 5.8 % 5.8
Luxembourg Mar/21 6.1 % 6.2
Spain 1Q/21 15.98 % 16.13
Iceland Mar/21 8.3 % 6.4
Norway Mar/21 5 % 4.8
Belarus Dec/19 0.2 % 0.3
Belgium Mar/21 5.8 % 5.7
Bulgaria Mar/21 6.5 % 6.9
Croatia Mar/21 9.3 % 9.7
Cyprus Mar/21 7.1 % 6.8
Czech Republic Apr/21 4.1 % 4.2
Denmark Mar/21 4.5 % 4.6
Estonia 4Q/20 7.4 % 7.7
Euro Area Mar/21 8.1 % 8.2
European Union Mar/21 7.3 % 7.4
Finland Mar/21 8.1 % 8.1
France 4Q/20 8 % 9.1
Germany Mar/21 4.5 % 4.5
Greece Dec/20 15.8 % 16.2
Hungary Mar/21 4.5 % 4.5
Italy Mar/21 10.1 % 10.2
Latvia 4Q/20 7.9 % 8.4
Lithuania Mar/21 15.1 % 16.1
Macedonia 4Q/20 16.1 % 16.5
Malta 4Q/20 4.4 % 4.6
Moldova 4Q/20 3.6 % 3.4
Montenegro Mar/21 23.83 % 22.6
Netherlands Mar/21 3.5 % 3.6
Poland Mar/21 6.4 % 6.5
Portugal 4Q/20 7.1 % 7.8
Romania Mar/21 5.5 % 5.7
Russia Mar/21 5.4 % 5.7
Serbia 4Q/20 9.9 % 9
Slovakia Mar/21 8 % 7.9
Slovenia Feb/21 9 % 9.4
Sweden Mar/21 10 % 9.7
Switzerland Apr/21 3.3 % 3.4
Turkey Feb/21 13.4 % 12.7
Ukraine 4Q/20 10.1 % 9.5
United Kingdom Aug/19 3.9 %
Liechtenstein 2019 1.5 % 1.7
Albania 4Q/20 12.3 % 12.1
Bosnia and Herzegovina Feb/21 33.68 % 33.89
Kosovo 3Q/20 24.6 % 27.2