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
20% Of Reykjavík Police Are Women

20% Of Reykjavík Police Are Women

by

About 20% of the Reykjavík Metropolitan Police’s force are women – almost twice the percentage of American police, and a

News
Safety Of Tourists Must Be Improved

Safety Of Tourists Must Be Improved

by

A leading figure in Iceland’s tourism industry believes it “very important” to increase the safety and security of tourists at

News
Foreign Minister Backpedals On Whaling Position

Foreign Minister Backpedals On Whaling Position

by

Foreign Minister Gunnar Bragi Sveinsson appears to be of two minds when it comes to Iceland’s whaling practices. Gunnar Bragi

News
Actavis Bought By Foreign Pharmaceutical Company

Actavis Bought By Foreign Pharmaceutical Company

by

Teva Pharmaceuticals Industries Ltd. has agreed to buy Allergan Plc, the parent company of Actavis, for $40.5 billion USD. In

News
Papers Will Continue After Acquisition

Papers Will Continue After Acquisition

by

The newspapers recently acquired by Vefpressan will keep coming, but one editor was very blunt about his feelings on working

News
Viking Festival: All The Great Things About The Dark Ages, Plus Access To Penicillin

Viking Festival: All The Great Things About The Dark Ages, Plus Access To Penicillin

by

Much to the disappointment of many holiday-goers, modern day Icelanders are pretty far removed from their Viking ancestors. Ceremonial sacrifices

Show Me More!