The labour market in August 2021

The unemployment rate decreased from 6,1% in July to 5,5% in August.   

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The labour market in July 2021

The unemployment rate decreased from 7,4% in June to 6,1% in July.   

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The labour market in June 2021

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The labour market in May 2021

The total unemployment rate decreased from 11,5% in April to 10,0% in May.   The general unemployment decreased from 10,4% in April to 9,1% in May and the reduced unemployment rate decreased from 1,1% in April to 0,9% in May.

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One-time payment for the long-term unemployed paid out today.

Today, The Directorate of Labour pays a one-time grant to jobseekers who have been paid unemployment benefits consecutively for 14 months or longer on the 1st of May 2021. The grant can amount up to 100.000 kr. but income tax is deducted from the grant.

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Information regarding the COVID-19 vaccination.

A webpage intended to provide information regarding COVID-19 vaccinations is now available at the covid.is website. The site contains information regarding registering to receive an invitation to be vaccinated, and how the invitations are delivered to and received by the recipient. The information is in several languages: Icelandic, English, Polish, Lithuanian, Thai, Spanish, Romanian, Russian, Serbian, Arabic, Kurdish and Persian. For more information click here.

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The labour market in April 2021

The total unemployment rate decreased from 12,1% in March to 11,5% in April.   The general unemployment decreased from 11,0% in March to 10,4% in April  and the reduced unemployment rate was 1,1% in April or the same as in March.

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The labour market in March 2021

The total unemployment rate decreased from 12,5% in February to 12,1% in March.   The number of unemployed thus decreased by 568 between February 2021 and March 2021. The general unemployment decreased from 11,4% in February to 11,0% in March and the reduced unemployment rate was 1,1% in March or the same as in February.

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The labour market in February 2021

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The labour market in January 2021

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The labour market in December 2020

The total unemployment rate increased slowly from 12,0% in November to 12,1% in December. The general unemployment increased from 10,6% in November to 10,7% in December and the reduced unemployment rate was unchanged from November or 1,4%.

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Regarding the amendments to the six-month income-related unemployment benefit entitlement.

Parliament has approved amendments to the legislation on unemployment insurance which moves the six-month validity period of income-related benefits from the 1st of September 2020 to the 1st of June 2020. This means that jobseekers who had not fully utilised their income-related benefit period in June, July or August 2020 are entitled immediately to the six-month period instead of three months.

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The labour market in November 2020

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Restricted opening of service center in Reykjavík

The Directorate of Labour’s service center in Reykjavík will open on Wednesday the 16th of December.

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Do you want to study for one semester while unemployed?

The Directorate of Labour offers job seekers that have been unemployed for 6 months, to study full-time for one semester while receiving unemployment benefits. The initiative is called Opportunity in Education (Nám er tækifæri).

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December bonus for jobseekers.

Ásmundur Einar Daðason, Minister of Social Affairs and Children, has signed a regulation regarding the December bonus payment to jobseekers who are insured within the unemployment insurance system.

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The labour market in October

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Additional grant to study Icelandic this fall semester

The Directorate of Labour offers an additional 100% grant for Icelandic course this fall semester 

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The labour market in September

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Directorate of Labour Service Centers closed from the 5th of October

As of the 5th of October, all Directorate of Labour service centers will be closed due to the COVID-19 virus.This due to security measures in place to ensure the payment of unemployment benefits to jobseekers.

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