The Icelandic labour market in November 2023

The Icelandic labour market in November 2023

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December bonus to job seekers will be paid out on Friday, December 8th

The Directorate of Labour will pay the December supplement to job seekers on Friday, December 8th. 

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Temporary support for the payment of wages due to the natural disaster in Grindavík

On the 27th of November, the parliament approved a bill from The Minister of Social Affair and Labour of temporary support for the payment of wages due to the natural disaster in Grindavík. The Directorate of Labour is responsible for the implementation of the Act. The aim of the Act is to guarantee peoples’ income who are not able to perform their work due to the natural disaster in Grindavík by ensuring payment of wages to the person up to a certain maximum amount. The aim is also to maintain the employment relationships between employers and employees.

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Information regarding the situation in Grindavík

An announcement from The Directorate of Labour in light of the current uncertainty due to the situation in Grindavík:

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December bonus for job seekers

Guðmundur Ingi Guðbrandsson, Minister of Social Affairs and Labour, has signed a regulation regarding the payment of the December bonus to job seekers. The undiminished December bonus is 99.389 kr. Job seekers with dependent children receive a special December bonus for each child younger than 18 years of age.

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The Icelandic labour market in October 2023

Summary
The unemployment rate in October was 3,2%, up from 3,0% in September.

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The Icelandic labour market in September 2023

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The Icelandic labour market in August 2023

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The Icelandic labour market in July 2023

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The Icelandic labour market in June 2023

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Service center summer closures

West fjords (Ísafjörður) July 10th – August 7th.

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The labour market in April 2023

The unemployment rate in April was 3,3%, down from 3,5% in March.

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The labour market in March 2023

The unemployment rate in March was 3,5%, down from 3,7% in February.

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Зміни до Закону про право на працевлаштування іноземних громадян

15 Березня були прийняті зміни до Закону про право на працевлаштування іноземних громадян № 97/2002. Зміни були внесені до положень статей Закону під номером 11, 12 і 22, які передбачають, що власники дозволів на проживання на підставі гуманітарного захисту, а також на підставі особливого зв'язку з країною, відтепер будуть звільнені від вимоги додатково отримувати тимчасовий дозвіл на роботу. Окрім того, власники даного типу дозволів на проживання мають право отримувати виплати по безробіттю, за умови виконання відповідних вимог.

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Amendments to Foreign Nationals’ Right to Work Act.

Amendments to Foreign Nationals’ Right to Work Act. 

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The labour market in February 2023

The unemployment rate in February was 3,7% and didn´t change from January.

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The labour market in January 2023

The unemployment rate in January 2023 was 3,7% and increased from 3,4% in December 2022.

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The labour market in December 2022

The labour market in December 2022

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The labour market in November 2022 and correction of unemployment figures for June to October 2022

There were on average 6.184 unemployed in November 2022.

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The Bereavement Leave Act No. 77/2022 takes effect on January 1st 2023

On January 1st 2023, The Bereavement Leave Act No. 77/2022 takes effect. The aim of the Act is to ensure that parents have room to grieve after the loss of a child, and to support surviving siblings in adapting to changed circumstances. It is also intended to increase the likelihood of parents successfully entering the labour market and being able to actively participate in society again after the loss of a child. The Act covers the rights of parents who have been working continuously in the domestic labour market to bereavement leave, as well as payments to compensate for loss of income during the period of the bereavement leave. The Act also covers the right to bereavement grant for parents who are outside the labour market or have worked in an employment ratio less than 25% and for parents studying full time. Parents’ entitlement to a bereavement leave or bereavement grant is up to six months from the day they suffer the loss of a child, and it expires 24 months later.

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