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Unemployment in Iceland drops in September

iceland-sattelite2Registered unemployment in Iceland in September amounted to 7.2 percent of the workforce, or an average of 12,242 people over the month. This represents a 9.3 percent (1,242 people )drop since August. At the same time in 2008, unemployment was at 1.3 percent, or 2,229 people.

Unemployment is worst in the Sudurnes region (12.1 percent) and least in the West Fjords and the Northwest (1.8 percent). The rate dropped month-on-month by 11 percent in Reykjavik and 4.3 percent elsewhere.

The rate of unemplyment went down by 6.6 percent among men and by 13 percent for women – meaning a total of 7.6 percent unemployment for men and 6.7 percent for women.

The unemployment problem is worst among the 16-24 age group and currently measures 18 percent.

Despite this encouraging drop in unemployment, the Directorate of Labour predicts a slight increase during October.

7 Responses to “Unemployment in Iceland drops in September”

  1. Alexander E. says:

    Foreign workers left the country and were written of the books?

  2. laxness says:

    It is still a critical situation it would be true that foreigner dropped off the book since they left back.However, it would be more probable that it has increased since many lost or left their summer jobs.Students for example, who have been working through-out thier life are not counted as unemployed even if they get no real help just indebting them by a poor amount from lIN.is .For a simple reason that the political system encourages people to be sleepy and lazy.IF U try to learn or do something benificial for one s self or society they take unemployment benifits away..

    The system must give more value to those who are willing to work not those who are willing to sleep.
    Thanks for puplication.

  3. densou says:

    indeed, laxness …. BUT
    isn’t a ‘political system’ made of mere men ? ;)

  4. Silvía says:

    Kreppa is over! Now if only champagne werent taxed so much. I think they should go back to pre-Kreppa prices.

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