The Icelandic labour market in April 2025

Summary

The unemployment rate in April was 3,9%, down from 4,2% in March.

There were on average 8.102 unemployed persons in April 2025.

Unemployment by gender:

The unemployment rate for men in April was 4,2%, down from 4,4% in March. The unemployment rate for women was 3,6% in April, down from 3,8% in March.

Unemployment among young adults:

There were 881 young adults, aged 18-24 years unemployed in April 2025, down from 941 in March.

Long-term unemployment

There were 1.539 long-term unemployed (unemployed longer than 12 months) at the end of April 2025.

Forecast for May 2025:

It is expected that the unemployment rate will be between 3,6% and 3,8% in May.