Unemployment At 4.6%

Published January 30, 2013

The first month of 2013 shows Iceland’s rate of unemployment at 4.6%, and part of an overall declining trend.
Statistics Iceland reports that the last quarter of 2012 showed a total national unemployment rate of 4.6%. In exact numbers, this means a decline in the number of people without work but seeking employment from 10,600 in the last quarter of 2011 to 8,400 today.
Viewed over the past year, as can be seen on the Statistics Iceland homepage, unemployment has been steadily declining. At the same time, inflation is also decreasing, currently at 4.2%. At the time last year, inflation was over 6%.
The employment situation in Iceland is especially positive when viewed in a global context. Unemployment in Europe recently hit a record high of 11.8%, and unemployment in the US is currently at 7.8%.



News
Newer, Bitier Species Of Midge Discovered

Newer, Bitier Species Of Midge Discovered

by

The tiny, rash-inducing biting fly that has plagued campers across North America has finally made its first appearance in Iceland,

News
Walking Path Around Holuhraun Opens

Walking Path Around Holuhraun Opens

by

You can now take a walking path close to the Holuhraun lava field, provided you are very, very careful. RÚV

News
Blasphemy Now Legal In Iceland

Blasphemy Now Legal In Iceland

by

At long last, a bill that did away with Iceland’s blasphemy laws has been passed by parliament. RÚV reports that

News
Five Best News Stories of 2015

Five Best News Stories of 2015

by

Hard to believe that 2015 is already half over, but it is. Maybe it seems like only yesterday since the

News
Get A Little Bit Country At Kex Hostel

Get A Little Bit Country At Kex Hostel

by

Kex Hostel’s “Köntrí” festival is back again for a fourth installation. Today through Saturday, Kex Hostel will be hosting a

News
Support For Government Increases, Pirates Still Largest Party

Support For Government Increases, Pirates Still Largest Party

by

Support for the ruling coalition increased slightly over the past month, but the Pirate Party still has the highest level

Show Me More!