Off the wire
• Young Spaniards find it harder than other Europeans to find first job  • 19 gangs busted under Guangdong-HK-Macao joint operation  • Iran open title defense with win over Japan  • China opens broadband market to private firms in more cities  • 5,000 more British schoolchildren to be taught Mandarin  • Palestinian basketball enjoys milestone day by stunning Philippines  • Xi calls on China, U.S. to enhance local-level cooperation  • Xi urges better public security management  • Xinhua Asia-Pacific news summary at 1030 GMT, Sept. 23  • Afghan gov't beefs up security ahead of Eid al-Adha  
You are here: 　 Home

Iceland's unemployment stands at 3.8 pct in August

Xinhua, September 23, 2015 Adjust font size:

Iceland's unemployment rate stood at 3.8 percent in August 2015, registering a year-on-year decrease of 0.9 percent, according to a labor force survey issued Wednesday by Statistics Iceland.

The survey showed the number of people in the labor force market in August 2015 was 197,300, of which 7,500 people were unemployed. The activity rate was 84.3 percent, the employment rate was 81.1 percent and the unemployment rate was 3.8 percent.

Seasonally-adjusted data showed that in August, the number of unemployed people amounted to 8,200, up by 500 from July. The unemployment rate was 4.2 percent in August compared to 4 percent in July.

Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. Enditem