The president of Iceland’s Directorate of Labour believes that there are positive signs ahead for the country’s jobs market and believes that unemployment reached its peak this winter. Unemployment has hit the young hardest of all.
Statistics Iceland published figures yesterday on employment over the last year. The figures showed that an average of 13,000 people were unemployed at any given time in the last year – which is 7.2 percent of the workforce.
Many more men were unemployed than women, which seems to have been caused by a severe recession in the construction industry.
When the employment market is split up by age, it is clear that unemployment has hit the young worst, with 16 percent jobless in the lowest age bracket.
The head of the Directorate of Labour said that unemployment seems to be going down and added that he hopes the soon-to-be-released April figures will underline that fact.
This is percentage of unemployment but is something done about it ? All are looking for the most needed job for trust, confidence and survival but nowhere to find and go. Do help facilitate resolved the problem, if ever. Let us be realistic. Reports do not put food on the table. Am a little lucky i still have my work. HELP.
“Reports do not put food on the table.”
Thank you!!
Oh unemployment is one of the curses of the modern era. When we consider that less than 35 years ago unemployment was almost unheard of, we now see it as common place. Our reliance on fee for service, consumerables is as problematic as not having the money to buy these services and goods.