Iceland - Unemployment drops - June 30, 2021

Unemployment dropped from 10.4% to 9.1% between April and May 2021, the largest month-to-month decrease in the country since 1994. The biggest decrease in unemployment was measured in tourism-related sectors, where unemployment decreased between 18 and 20%. The Minister of Social Affairs expressed his satisfaction with the development, pointing to the government’s employment initiative “Hefjum storf!” that aimed to create at least 7,000 jobs through financial support to both private and public institutions that hired new employees. Around 10,400 jobs are now available through the initiative.

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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.

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