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.

There were in average 19.114 unemployed in April, (10,4% general unemployment) in addition to 4.268 part-time unemployed (1,1% part-time unemployment) in April 2021.

Unemployment by gender:

The total unemployment (general unemployment plus reduced unemployment) in April was 11,5% for men and 11,9% for women, or down from 12,3% for men in March 2021 and 12,0% for women in March  2021.

The unemployment by young people:

There were 2.162 young, aged 18-24 years unemployed in April 2021 (general unemployment) or down from 2.301 in March 2021.

The long term unemployed:

There were 6.495 long term unemployed (over 1 year general unemployment in April 2021) up from 6.207 in March 2021.

Open vacancies:

There were 1.972 new incoming open vacancies in April 2021 or up from 1.583 new incoming open vacancies in March 2021. The growth in new incoming jobs is among other things due to labour market measures (Let´s work”) which started in March 2021 where a company with fewer than 70 employees that hires a jobseeker who has been registered as unemployed for at least 12 months receives a grant amounting to a full monthly salary plus a counter – contribution to their pension fund for up to six months.

Foreign workers:

There were 176 work permits (all types of work permit) issued in April 2021 down from 208 issued work permits in March 2021.  There were 22 foreign service companies registered to Directorate of Labour in April 2021.  These foreign service companies employed 85 workers in April 2021.

There were 15 temporary-work agencies registered to Directorate of Labour in April 2021.

These temporary-work agencies hired out 269 workers in April 2021.

The unemployment forecast for
May 2021:

It is expected that the general unemployment in May 2021 will reduce and be between 9,2% and 9,8%.

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