unemployment
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Do Shit: Whether You’re Fired Or You Quit, You Have Rights
The Útlendingur’s ongoing guide to getting shit done Jobs. You can’t live with them, you can’t live without them. Well, fine, you can live with them — a lot of people have jobs they love, with employers and colleagues they gel with…
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Unemployed, Not Broke
If you ever find yourself jobless, here are quick tips to navigate the complex system There’s no positive way to start this article – you’ve seen the news. Wars are raging across the continent, inflation is soaring and people are losing their…
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Unemployment At Just Under 3% In September, Higher Amongst Immigrants
Unemployment decreased between August and September, a report from the Directorate of Labour details, but the unemployment rate was still higher for immigrants. [su_pullquote]Get the new Reykjavík Grapevine issue with Björk on the cover! We got the privilege of interviewing Björk on…
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Unemployment Continues To Decrease
According to data collected by the Directorate of Labour, unemployment continues to decline, reports Vísir. However, the agency forecasts that unemployment will slightly increase in November due to seasonal fluctuation. [su_pullquote]Win a box of Icelandic Christmas goodies—and a branch of a Christmas…
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Number Of Foreign Nationals In Iceland Increasing, Yet Unemployment Rate Higher For Them
Frétablaðið reports that the number of foreign nationals in Iceland is increasing. It is also true, however, that the unemployment rate is higher for this group. According to the National Register of Iceland, foreign nationals make up 1.5% more of the population…
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What Are Icelanders Talking About? The News That’s Raising Blood Pressure
As with many, if not most, countries in the world, the coronavirus pandemic is at the forefront of Icelanders’ minds these days. With plans for the vaccine now shaping up, as well as now being able to boast the lowest infection rate…
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Unemployment Particularly Bad for Poles
At the end of October, there were 4,063 unemployed Poles in Iceland, Vísir reported this morning. More than 20,000 Poles live in Iceland, which means that a little over one in every five Poles are unemployed. They also make up 20% of…
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Unemployment Now Higher Than After 2008 Bank Collapse
The Directorate of Labour estimates that unemployment will be at 11.3% in December, compared to 9.3% when the bank collapse peaked in February and March 2009, Kjarninn reported over the weekend. This was stated in a new monthly report from the Directorate…
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Audiobooks Inaccessible To Immigrants
Immigrants taking courses in Icelandic studies who wish to use audiobooks are unable to use the Audio Library, Fréttablaðið reported this morning. Under the current rules, the Icelandic Audio Library only serves those who are unable to use printed fonts, for example…
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Immigrants And Young People Worst Hit Financially By Pandemic
Although older people are most at risk from the pandemic in terms of health, young people and immigrants are more at risk economically, Vísir revealed this morning. ASÍ, the Icelandic Confederation of Labour, presented a report yesterday on the economic impact of…
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Icelandair Laying Off 88 Employees
Icelandair is laying off 88 employees from tomorrow, the 1st of October, a report from RÚV revealed this morning. 68 of these 88 are pilots. Several dozen further employees who were on temporary employment contracts will also not be having their contracts…
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Rise In Women’s Unemployment
More women than men are losing their jobs in Iceland, Fréttablaðið reported this morning. An expert from the Directorate of Labour predicts that general unemployment will peak at the end of this year. Unemployment amongst women is now half a percentage higher…
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Highest Unemployment Found In Suðurnes
According to a report by Fréttablaðið, more than 21,000 people in Iceland were unemployed at the beginning of August. This makes an unemployment rate of 8.5%, an increase compared with the previous three months. 17,788 were in the general benefit system and…
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RVK Newscast #24: The Clock Will Not Be Changed And Massive Unemployment
Over 8,000 people lost their jobs, but no one is at the hospital because of COVID-19. Flights are being cancelled because of tough borders, which the Director of Central Bank says can’t go on for much longer if Iceland wants to keep…
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Heated Discussion Over Possibly Raising Unemployment Insurance Benefits
As Parliament convenes again briefly in the hopes of passing time-sensitive legislation, amongst the subjects of most heated discussion is the possibility of raising minimum unemployment insurance payments. Unemployment in Iceland is currently at 7.9% for July, and is predicted to raise…
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Blue Lagoon Reports €22 Million Profit In 2019 Amid Mass COVID-19 Layoffs
The Blue Lagoon 2019 revenue totalled € 125 million, yielding a €22 million profit, Fréttablaðið reports. The Blue Lagoon manages the world-famous tourist attraction along with several connected shops, restaurants and hotels. At the end of 2019 its assets totalled €79.5 million.…
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403 Blue Lagoon Employees Laid Off
The Blue Lagoon company has announced an official decision to lay off 403 of its employees at the end of next month, Vísir reports. Manager and employee wages will be decreased thereafter. The company’s notice stated that the influence of the coronavirus…
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Rate of Employment Plummeting In Iceland Due To COVID-19
Employment rates in Iceland have fallen dramatically as the economic impacts of the COVID-19 epidemic begin to be felt by workers. New information released by the Directorate of Labour reveals the scale of the crisis, accompanying mass dismissals at major Icelandic firms.…
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Almost 10,000 Sign Up For Reduced Employment Benefit On The First Day
The Icelandic Labour Department received 9,670 application for reduced rate of employment benefits by 14:00 yesterday, the day registration opened, according to a statement released on the Cabinet’s website. Last week, the government announced measures designed to support workers through the COVID-19…
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Over 200 Firings Across Three Icelandic Companies Announced As Unemployment Rises
The firing of over 200 Icelanders across three Icelandic companies have been announced in the past 24 hours alone. Meanwhile, unemployment has risen since last July. The firing of 100 people from Arion Bank reported on earlier today is only the tip…
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Unemployment Low, But Double The Percentage Of Employment Positions
Unemployment figures for the first quarter of 2019 are now available, compiled by Statistics Iceland. They show that unemployment is up 0.1% from the first quarter of 2018, and that the number of unemployed vastly outnumber the amount of available jobs. 81%…
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Unemployment In Iceland At 2.9%, Indicating Strong Labour Market
Unemployment has settled into a low groove, indicating a labour shortage and a more powerful bargaining position for workers. Newly released data from Statistics Iceland puts unemployment in Iceland at 2.9% for November 2018. In a cross-section of residents in Iceland aged…
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Unemployment In Iceland Dips Below 3%
Unemployment levels in Iceland have gone below 3%, continuing a downward trend, but purchasing power has not kept up with wages. RÚV reports that, according to the latest figures from Statistics Iceland, unemployment was at 2.9% last month, down from 3.7% during…