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Six-year low in unemployment

Unemployment rates in Iceland are the lowest since 2000, according to the latest statistics from the Directorate of Labor.

According to a report published on the Directorate’s web site (www.vinnumalastofnun.is) this week, unemployment in Iceland was one percent in both September and October. Fréttabladid reports.

In October, an average of 1,645 people were registered as unemployed.

The Directorate’s report says unemployment has decreased among women, and increased slightly outside Reykjavík and among men in the capital area.

The Directorate of Labor’s report predicts that unemployment will increase slightly in November, possibly reaching 1.3 percent.

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