Labor in Iceland

Labor
Average Hourly Earnings 169.22 Index, 2015=100 in 4th quarter 2022 OECD
Average Working Hours 1,449.22 Hours in 2022 OECD
Employment 133.57 Index in 4th quarter 2023 IMF + 1 other
Employment Rate 72.12 % in 2023 WB
Labor Force 229,000 Number in 4th quarter 2023 IMF + 2 others
Labor Force Participation Rate 79.32 % in 2023 WB
Underemployment 3.67 % in 2020 WB
Unemployment 4 Percent of total labor force in 2023 IMF + 6 others
Wage 179.7 Index on Mar 2019 IMF
Youth Unemployment 12.1 in 2021 UNECE