About Iceland Unemployment Rate
In Iceland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
Frequently Asked Questions
To calculate Iceland Unemployment Rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Iceland Unemployment Rate is 0.10%.
The highest figure Iceland Unemployment Rate has ever reached is 9.90%.
Last month Iceland Unemployment Rate was 4.10%, and the month before that it amounted to 3.60%.