Unemployment At 5.5%

Published February 15, 2013

Unemployment dropped very slightly from December to January, with 5.5% of the population, or 8686 people, currently unemployed, Vísir reports.
As of January 1st a temporary provision that had been allowing job-seekers to collect unemployment benefits for up to 48 months had expired, bringing the maximum allowable period for benefits collection down to 36 months. People who, as of the first of the year, had been collecting unemployment benefits for 42 months or longer were determined to be ineligible to continue receiving benefits. This resulted in 750 people being denied unemployment benefits and may contribute to the reported drop in the unemployment rate from December to January.
At an initiation meeting this morning, Vinnumálastofnun told recent applicants for unemployment benefits that the best time to find work begins in March, as many companies throughout the tourism industry begin to fill out their employee base in preparation for tourism season. So unemployment may continue to drop as the summer approaches.



News
Finance Minister Emphasises Elections “In Late October”

Finance Minister Emphasises Elections “In Late October”

by

Contrary to what his partner in the ruling coalition has said, Minister of Finance and Independence Party chairperson Bjarni Benediktsson

News
Are You An Inside Demon? Innipúkinn Festival Is Here

Are You An Inside Demon? Innipúkinn Festival Is Here

by

The Merchant’s Weekend is a national summer holiday, taking place this year July 30-August 1, when Reykvíkingar pile into cars

News
Icelandic Tour Bus Company Offers Pokémon Go Hunting Trips

Icelandic Tour Bus Company Offers Pokémon Go Hunting Trips

by

If you like Pokémon Go, Reykjavík Excursions has your back. The popular tour bus company has announced that for the

News
Blood Donations Needed For Merchants’ Weekend Holiday

Blood Donations Needed For Merchants’ Weekend Holiday

by

With the approach of a 3-day weekend, Blood Donation in Iceland has sent out the call. Vísir reports that the

News
Ex-PM Casts Aspersions On Panama Papers

Ex-PM Casts Aspersions On Panama Papers

by

Former Prime Minister Sigmundur Davíð Gunnlaugsson has questioned the veracity of the Panama Papers which led to his resignation. RÚV

News
Naked Man Emerges From The Sea

Naked Man Emerges From The Sea

by

The Grapevine has received photos of some particularly foolhardy behaviour at the notorious Reynisfjara beach. Photographer Frank Tschöpe contacted The

Show Me More!