Iceland Unemployment Rate  1970-2016 | Data | Chart | Calendar | Forecast

The seasonally adjusted jobless rate in Iceland increased to 3.3 percent in March of 2016 from 3.2 percent in February, reaching the highest in four months. The number of unemployed persons rose by 4.8 percent to 6500 and the number of employed rose by 0.2 percent to 187800. A year earlier, the unemployment rate was higher at 3.8 percent. Unemployment Rate in Iceland averaged 2.42 percent from 1970 until 2016, 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. Unemployment Rate in Iceland is reported by the Statistics Iceland.

Iceland Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.20 9.20 0.10 1970 - 2016 percent Monthly
SA
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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-24 09:00 AM Jan 2.5% 2.1% 3%
2016-03-23 09:00 AM Feb 3.2% 2.6% 2.6%
2016-04-27 09:00 AM Mar 3.3% 3.2% 2.9%
2016-05-25 09:00 AM Apr 3.3% 3.6%
2016-06-22 09:00 AM May 3.7%
2016-07-27 09:00 AM Jun 3.7%

Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.20 9.20 0.10 percent [+]
Employed Persons 177700.00 178700.00 182000.00 136600.00 [+]
Unemployed Persons 4599.00 4793.00 15059.00 100.00 [+]
Labor Force Participation Rate 81.60 83.30 85.10 78.50 percent [+]
Long Term Unemployment Rate 0.60 1.00 1.70 0.10 percent [+]
Youth Unemployment Rate 7.20 7.00 16.80 7.00 percent [+]
Job Vacancies 299.00 271.00 1912.00 73.00 [+]
Wages 511000.00 486000.00 511000.00 380000.00 ISK/Month [+]
Wage Growth 7.10 7.60 10.70 -9.40 percent [+]
Population 0.33 0.33 0.33 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 [+]
Full Time Employment 140.70 139.40 145.70 97.00 Thousand [+]
Employment Rate 80.30 80.40 82.60 73.10 percent [+]
Part Time Employment 35.30 37.30 43.50 28.00 Thousand [+]




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