Iceland - Low unemployment and rising wages - November 30, 2018

According to new statistics from the Labour Force Survey unemployment levels remain at historic lows while wages continue to rise. Over the last year unemployment decreased from 3.7% in October 2017 to 2.9% in October 2018. Wage have risen 0.4% in the same time period. When inflation is taken into account the wage index has risen by 3.2%.

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For more information, please contact the editor Jan Cremers or Sanne van der Gaag, Amsterdam Institute for Advanced Labour Studies (AIAS) or the Head of communications at the ETUI, Willy De Backer © ETUI


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