Half of employees had monthly total earnings between 533 and 859 thousand ISK. Every tenth full-time employee received total earnings over 1,128 thousand ISK in the year 2019. Total earnings are the total remuneration per month including piecework, irregular bonuses and various other irregular payments, excluding payments in kind. Figures have been updated.
There were 4,370 graduates with 4,408 graduations at the tertiary level of education during the 2018-2019 school year, a similar number as in the previous year. Never before have more students graduated with a Ph.D. degree in one school year or 101 graduates.
New registrations of private limited companies in August 2020 were 205, which is a 31% increase from August 2019. Data on new registrations has been updated. Due to summer recess at courts in August, data on insolvencies is not updated at this point.
The number of 16-74 year olds active in the Icelandic labour market was estimated to be 208,500 in August 2020, which is equivalent to an activity rate of 81.1%. The unadjusted unemployment rate was 6.0%.