The Icelandic labour market in April 2024
Summary
The unemployment rate in April was 3,6%, down from 3,8% in March.
There were on average 7.219 unemployed persons in April 2024.
Unemployment by gender:
The unemployment rate for men in April was 3,7%, down from 3,9% in March. The unemployment rate for women was 3,6% in April, down from 3,7% in March.
Unemployment among young adults:
There were 775 young adults, aged 18-24 years unemployed in April 2024, down from 838 in March.
Long-term unemployment
There were 1.302 long-term unemployed (unemployed longer than 12 months) at the end of April 2024. In March there were 1.253 long-term unemployed.
Foreign workers:
There were 293 work permits issued in April 2024.
There were 41 foreign service companies registered at The Directorate of Labour in April 2024, posting 279 workers.
There were 18 temporary work agencies registered at The Directorate of Labour in April 2024, with
559 workers.
Forecast for May 2024:
It is expected that the unemployment rate will be between 3,3% and 3,6% in April.
