Statistics Iceland
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Employment, unemployment and labour force - Orginal Data - Monthly 2003-2024

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3/27/2024
Number/percent
2003-2024
VIN00001
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Along with the monthly publication on Febuary 25th 2021 the monthly time-series for the Labour Force Survey from 2003 have been updated where new survey weights and population estimates were used.
Activity rate is the ratio of the labour force to the total population.
Unemployment is the ratio of the unemployed to all persons in the labour force.
The Labour force consists of employed and unemployed persons.
Persons are classified as unemployed if they did not have a job in the reference week, can start work within two weeks from when the survey is conducted and satisfy one of the following criteria:
1. Have been seeking work for the previous four weeks, reference week included.
2. Have found a job which they will start later, although not later than three months.
3. Await being called to work.
Persons are classified as employed if they worked one hour or more in the reference week or were absent from the work they usually carry out. Individuals on birth leave are considered absent from work if they went on leave from a paid job, even if they have no intentions of returning to the same job.
A person is accounted as employed full-time if he or she usually works 35 or more hours per week, but as employed part-time if he or she usually works 1-34 hours per week.
Actual hours worked - old time-series: Total working hours of respondents in full- and part-time jobs in the reference week.
Actual hours worked: Total working hours of respondents in full- and part-time jobs in the reference week, apart from main meal breaks and absence due to personal errands.
Usual hours worked are the average working hours that respondents usually work in their full- and part-time jobs.