From Iceland — Unemployment Declines

Unemployment Declines

Published May 13, 2011

Unemployment decreased between March and April, according to statistics from the Directorate of Labour.
RÚV reports that 13,262 were registered for unemployment payments last April; 495 fewer than there were in March. This puts unemployment now at 8.1%, down by 0.5% from March.
The decline marks the first reversal of a trend which began last September, when unemployment was at 7.1% and then began to rise. Unemployment usually takes an upward turn during the winter months. However, unemployment was at 9% in April 2010, which could indicate that unemployment overall is declining in Iceland.
Unemployment was greater in the capital area (8.7%) than in the countryside (6.9%) and, as has been the case for years now, unemployment was highest in the Suðurnes region, in southwest Iceland (13.6%) and lowest in the northwest (4.1%). Nationally, unemployment was higher amongst men (8.6%) than women (7.4%).

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