Iceland | Labor force, total

Labor force comprises people ages 15 and older who supply labor for the production of goods and services during a specified period. It includes people who are currently employed and people who are unemployed but seeking work as well as first-time job-seekers. Not everyone who works is included, however. Unpaid workers, family workers, and students are often omitted, and some countries do not count members of the armed forces. Labor force size tends to vary during the year as seasonal workers enter and leave. Statistical concept and methodology: The standard definition of unemployed persons is those individuals without work, seeking work in a recent past period, and currently available for work, including people who have lost their jobs or voluntarily left work. In addition, persons who did not look for work but have an arrangement for a future job are also counted as unemployed. Still, some unemployment is unavoidable—at any time, some workers are temporarily unemployed between jobs as employers look for the right workers and workers search for better jobs. The labor force or the economically active portion of the population serves as the base for this indicator, not the total population. Estimates are based on labor force participation rates and population data from International Labour Organization and United Nations Population Division. The labor force participation rates are part of the "ILO modeled estimates database," including nationally reported observations and imputed data for countries with missing data, primarily to capture regional and global trends with consistent country coverage. Country-reported microdata is based mainly on nationally representative labor force surveys, with other sources (e.g., household surveys and population censuses) considering differences in the data source, the scope of coverage, methodology, and other country-specific factors. Country analysis requires caution where limited nationally reported data are available. A series of models are also applied to impute missing observations and make projections. However, imputed observations are not based on national data, are subject to high uncertainty, and should not be used for country comparisons or rankings. For more information: https://ilostat.ilo.org/resources/concepts-and-definitions/ilo-modelled-estimates/
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source
Iceland | Labor force, total
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990 142823
1991 144699
1992 147743
1993 147715
1994 149400
1995 155613
1996 154551
1997 154357
1998 159420
1999 164408
2000 169444
2001 171255
2002 170967
2003 173624
2004 173541
2005 175622
2006 183451
2007 189725
2008 192115
2009 188716
2010 188369
2011 187550
2012 189063
2013 192997
2014 198891
2015 203751
2016 209633
2017 213259
2018 217130
2019 220983
2020 218866
2021 222391
2022 234563

Iceland | Labor force, total

Labor force comprises people ages 15 and older who supply labor for the production of goods and services during a specified period. It includes people who are currently employed and people who are unemployed but seeking work as well as first-time job-seekers. Not everyone who works is included, however. Unpaid workers, family workers, and students are often omitted, and some countries do not count members of the armed forces. Labor force size tends to vary during the year as seasonal workers enter and leave. Statistical concept and methodology: The standard definition of unemployed persons is those individuals without work, seeking work in a recent past period, and currently available for work, including people who have lost their jobs or voluntarily left work. In addition, persons who did not look for work but have an arrangement for a future job are also counted as unemployed. Still, some unemployment is unavoidable—at any time, some workers are temporarily unemployed between jobs as employers look for the right workers and workers search for better jobs. The labor force or the economically active portion of the population serves as the base for this indicator, not the total population. Estimates are based on labor force participation rates and population data from International Labour Organization and United Nations Population Division. The labor force participation rates are part of the "ILO modeled estimates database," including nationally reported observations and imputed data for countries with missing data, primarily to capture regional and global trends with consistent country coverage. Country-reported microdata is based mainly on nationally representative labor force surveys, with other sources (e.g., household surveys and population censuses) considering differences in the data source, the scope of coverage, methodology, and other country-specific factors. Country analysis requires caution where limited nationally reported data are available. A series of models are also applied to impute missing observations and make projections. However, imputed observations are not based on national data, are subject to high uncertainty, and should not be used for country comparisons or rankings. For more information: https://ilostat.ilo.org/resources/concepts-and-definitions/ilo-modelled-estimates/
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source