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
Association of Filmmakers Criticizes Shooting Fast 8 At Mývatn

Association of Filmmakers Criticizes Shooting Fast 8 At Mývatn

by

A few months ago, Fast & Furious announced that their eighth movie would be filmed in Iceland. Now the Association

News
“Summer Streets” Just Around The Corner

“Summer Streets” Just Around The Corner

by

A good portion of downtown will once again be closed to car traffic for the summer. An statement from the

News
Lawyer Going After Journalists, Social Media Activity

Lawyer Going After Journalists, Social Media Activity

by

A lawyer representing two men who were accused of rape is now setting his sights on journalists and people posting

News
Opposition Takes Hit, Ruling Coalition Gains Ground In New Poll

Opposition Takes Hit, Ruling Coalition Gains Ground In New Poll

by

The results of a new Gallup poll show the Independence Party surpassing the Pirates for the first time in over

News
President’s Wife Linked To More Offshore Companies

President’s Wife Linked To More Offshore Companies

by

New revelations have linked Dorrit Moussaieff to more offshore companies than was previously thought. President Ólafur Ragnar Grímsson has denied

News
Tied With President, And Not Even Running Yet

Tied With President, And Not Even Running Yet

by

Despite not even announcing his candidacy, historian Guðni Th. Jóhann­es­son is tied with incumbent Ólafur Ragnar Grímsson in a new

Show Me More!