Vast increase in foreign labor Skip to content

Vast increase in foreign labor

By Iceland Review

This year, 4,400 immigrant workers have entered the Icelandic labor market. This is a vast increase, as in 2005 only 3,900 were registered.

In September alone, 1,000 foreign workers entered the labor market, more workers than have ever been registered in such a short period of time before. Morgunbladid reports.

The Icelandic Directorate of Labor recently made these numbers public. The report also revealed that the unemployment rate in September was 1 percent, the lowest in five years.

New regulations, which took effect last May, opened the Icelandic labor market for workers from eight more countries in the European Union, the newcomers from Eastern Europe.

To read more of the same, click here.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!