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
Charges Dropped Against One Of Accused In Hlíðar Rape Case

Charges Dropped Against One Of Accused In Hlíðar Rape Case

by

Prosecutors have declined to pursue charges against one of the accused in an infamous case of rape in the east

News
State Ordered To Pay Damages For False Imprisonment

State Ordered To Pay Damages For False Imprisonment

by

One of the accused in a notorious raid of an illegal casino has been awarded damages for false imprisonment following

News
Emiliana Torrini To Perform At Aldrei Fór Ég Suður

Emiliana Torrini To Perform At Aldrei Fór Ég Suður

by

The famed singer/songwriter will be performing at the Westfjords music festival for the first time. Organisers of the Aldrei fór

News
Iceland Devoting Half A Billion ISK To Syrian Refugees

Iceland Devoting Half A Billion ISK To Syrian Refugees

by

Prime Minister Sigmundur Davíð Gunnlaugsson announced in London last night that Iceland would be putting half a billion ISK towards

News
Reindeer Struck By Car In East Iceland

Reindeer Struck By Car In East Iceland

by

Bad weather conditions conspired to bring an untimely end to one of Iceland’s feral reindeer. RÚV reports that the reindeer

News
Supreme Court Confirms: Jailtime For Bankers

Supreme Court Confirms: Jailtime For Bankers

by

The Supreme Court has sentenced several key players in a market manipulation case within Landsbanki, confirming sentences handed down to

Show Me More!