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Unemployment by year 2003-2022

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3/2/2023
Number/percent
2003-2022
VIN00921
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Time series from the Icelandic Labour Force Survey from 2003 were updated on March 10th 2021 using new weights and a new estimate for the population. Unemployment rate is the ratio of the unemployed to all persons in the labour force.
Unemployment. Persons are classified as unemployed who have no employment and satisfy one of the following criteria:1. Have been seeking work for the previous four weeks and are ready to start working within two weeks from when the survey is conducted. 2. Have found a job which will begin within three months but could start working within two weeks. 3. Await being called to work and are able to start working within two weeks. 4. Have given up seeking work but wish to work and could start working within two weeks.