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Directorate of Labour Frontpage
Directorate of Labour Frontpage

Directorate of Labour

The Icelandic labour market in June 2026

10th July 2026

The unemployment rate in June was 4,0%, down from 4,2% in May. There were on average 8.513 unemployed people in June 2026.

Unemployment by gender:

The unemployment rate for men in June was 4,3%, down from 4,6% in May. The unemployment rate for women was 3,7% in June, down from 3,9% in May.

Unemployment among young adults:

There were 2.274 young adults, aged 18-29 years unemployed in June 2026, down from 2.336 in May.

Long-term unemployment

There were 1.747 long-term unemployed (unemployed longer than 12 months) at the end of June 2026.

Forecast for June 2026:

It is expected that the unemployment rate will remain mostly unchanged and be in the range of 3,9-4,0% in July.