Iceland Unemployment Rate

Unemployment Rate in Iceland decreased to 4.30 percent in February of 2014 from 6.10 percent in January of 2014. Unemployment Rate in Iceland is reported by the Statistics Iceland. Unemployment Rate in Iceland averaged 2.35 Percent from 1970 until 2014, reaching an all time high of 9.20 Percent in September of 2010 and a record low of 0.10 Percent in August of 1972. 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 - Iceland Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.30 6.10 9.20 0.10 5.30 | 2014/03 1970 - 2014 Percent Monthly

TO

Iceland Unemployment Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-18 09:00 AM Iceland
Unemployment Rate
Nov 2013 4.8% 5.6% (R) 5.5%
2014-01-22 09:00 AM Iceland
Unemployment Rate
Dec 2013 4.6% 4.8% 5.1%
2014-02-26 09:00 AM Iceland
Unemployment Rate
Jan 2014 6.1% 4.6% 5.2%
2014-03-26 09:00 AM Iceland
Unemployment Rate
Feb 2014 4.3% 6.1% 4.7%
2014-04-30 09:00 AM Iceland
Unemployment Rate
Mar 2014 4.3% 5.3%
2014-05-21 09:00 AM Iceland
Unemployment Rate
Apr 2014 5.6%
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Labour Last Previous Highest Lowest Forecast Unit
Employed Persons 174900.00 2013-06-30 169300.00 178600.00 136600.00 175340.18 2013-12-31 [+]
Job Vacancies 220.00 2014-03-15 223.00 1912.00 73.00 220.33 2014-03-31 [+]
Retirement Age Men 67.00 2013-01-01 67.00 67.00 67.00 67.00 2013-12-31 [+]
Retirement Age Women 67.00 2013-01-01 67.00 67.00 67.00 67.00 2013-12-31 [+]
Unemployed Persons 7106.00 2014-03-15 7213.00 15059.00 100.00 7157.99 2014-03-31 [+]
Wages 470.50 2014-02-15 468.50 470.50 100.00 473.16 2014-03-31 Index Points [+]
Youth Unemployment Rate 10.80 2014-01-15 10.60 16.70 6.90 10.33 2014-02-28 Percent [+]
Unemployment Rate 4.30 2014-02-28 6.10 9.20 0.10 5.30 2014-03-31 Percent [+]
Population 0.32 2012-12-31 0.32 0.32 0.18 0.32 2013-12-31 Million [+]
[+]


Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Iceland Current Account at 11.13 ISK Billion  
Iceland recorded a Current Account surplus of 11.13 ISK Billion in the fourth quarter of 2013. Current Account in Iceland is reported by the Central Bank of Iceland.
Iceland Capital Flows at -60.68 ISK Billion  
Capital Flows in Iceland increased to -60.68 ISK Billion in the fourth quarter of 2013 from -69.18 ISK Billion in the third quarter of 2013. Capital Flows in Iceland is reported by the Central Bank of Iceland.
Iceland Car Registrations at 697.00 Cars  
Car Registrations in Iceland increased to 697 Cars in March of 2014 from 628 Cars in February of 2014. Car Registrations in Iceland is reported by the Statistics Iceland.
Iceland Changes in Inventories at -5701.00 ISK Million  
Changes in Inventories in Iceland increased to -5701 ISK Million in the fourth quarter of 2013 from -5782 ISK Million in the third quarter of 2013. Changes in Inventories in Iceland is reported by the Statistics Iceland.
Iceland Consumer Price Index (CPI) at 419.70 Index Points  
Consumer Price Index (CPI) in Iceland increased to 419.70 Index Points in March of 2014 from 418.70 Index Points in February of 2014. Consumer Price Index (CPI) in Iceland is reported by the Statistics Iceland.
Iceland Consumer Spending at 149952.00 ISK Million  
Consumer Spending in Iceland increased to 149952 ISK Million in the fourth quarter of 2013 from 134826 ISK Million in the third quarter of 2013. Consumer Spending in Iceland is reported by the Statistics Iceland.
Iceland Core Consumer Prices at 234.00 Index Points  
Core Consumer Prices in Iceland increased to 234 Index Points in March of 2014 from 233 Index Points in February of 2014. Core Consumer Prices in Iceland is reported by the Statistics Iceland.
Iceland Disposable Income per Capita at 346.00 Index Points  
Disposable Personal Income in Iceland increased to 346 Index Points in 2012 from 331 Index Points in 2011. Disposable Personal Income in Iceland is reported by the Statistics Iceland.
Iceland Employed Persons at 174900.00  
The number of employed persons in Iceland increased to 174900 in 2013 from 169300 in 2012. Employed Persons in Iceland is reported by the Statistics Iceland.
Iceland Export Prices at 214.97 Index Points  
Export Prices in Iceland decreased to 214.97 Index Points in 2013 from 222.46 Index Points in 2012. Export Prices in Iceland is reported by the Icelandic Ministry of Finance.
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