• Statistical Series
• 02. March 2023
• Vol 108, Issue 1
• ISSN: 1670-4770



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On average, there were 227,600 people in the Icelandic labour market in the year 2022. Of those, around 209,400 were employed and around 8,100 unemployed and looking for a job. The activity rate was 80.1%, the employment rate 77.1% and the unemployment rate 3.7%. The number of unemployed decreased by just over 4,300 from 2021 and the unemployment rate decreased by 2.2 percentage points between years. Unemployment rate among women was 3.4% on average and among men 4.0%. In 2022 the unemployment rate was on average 4.3% in Reykjavik, 3.6% in the vicinity of Reykjavik and 3.4% outside the Capital region.