Unemployment Continues To Decline - The Reykjavik Grapevine

Unemployment Continues To Decline

Published February 15, 2012

Unemployment figures bucked the winter trend by dipping slightly between the winter months, and has gone down considerably since the same time last year.
Vísir reports that unemployment took a 0.1% drop between December and January, to 7.2% for the country as a whole. Unemployment figures typically climb slightly during the winter.
Most of the job availability would seem to be in the capital area, where unemployment dropped by 313 people; at the same time, it increased in the countryside by five people. Unemployment continues to be highest in the southwest region of Suðurnes, at 12.5%, and lowest in the northwest, at 2.8%. Unemployment is also higher among men (7.5%) than women (6.8%).
RÚV reports that at this time last year, unemployment was at 8.5%, marking an annual decline of 1.3%.

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