Financial News: Iceland Jobless Rate Rises To 3.2%

Iceland Jobless Rate Rises To 3.2%

08/27/2025 - 07:56:00 (RTTNews)

(RTTNews) - Iceland's unemployment rate increased in July after falling in the previous month, figures from Statistics Iceland showed on Wednesday.

The unadjusted jobless rate rose 3.2 percent in July from 2.2 percent in June. In the same month last year, the unemployment rate was 1.9 percent.

The number of unemployed persons increased to 7,800 in July from 5,400 in the preceding month.

Meanwhile, the employment rate dropped to 80.3 percent from 83.3 percent in June.

On a seasonally adjusted basis, the unemployment rate was 4.0 percent in July, up from 2.7 percent a month ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Crude Oil Inventories Fall Slightly More Than Expected (36 min(s), 33 sec(s) ago)
(RTTNews) - The Energy Information Administration released a report on Wednesday showing crude oil ...Full Story»

Iceland Jobless Rate Rises To 3.2% (03 hr(s), 16 min(s), 33 sec(s) ago)
(RTTNews) - Iceland's unemployment rate increased in July after falling in the previous month, ...Full Story»

Croatia Economy Expands At Faster Pace In Q2 (04 hr(s), 04 min(s), 33 sec(s) ago)
(RTTNews) - Croatia's gross domestic product grew at a faster pace in the second quarter partl ...Full Story»

Slovakian Economic Confidence Improves In August (04 hr(s), 17 min(s), 33 sec(s) ago)
(RTTNews) - Slovakia's economic sentiment strengthened for the second straight month in August ...Full Story»

UK Retailers See Slower Fall In Sales In September: CBI (04 hr(s), 22 min(s), 33 sec(s) ago)
(RTTNews) - UK retailers registered a strong fall in sales in August, extending the downturn to al ...Full Story»

China Industrial Profits Decline At Slower Pace (05 hr(s), 56 min(s), 33 sec(s) ago)
(RTTNews) - China's industrial profits declined at a slower pace in the January to July period ...Full Story»

Austrian Manufacturing Downturn Eases In August (06 hr(s), 28 min(s), 33 sec(s) ago)
(RTTNews) - Austria's factory activity contracted at a slower pace in July as output grew at t ...Full Story»

Denmark Retail Sales Rebound 0.6% (07 hr(s), 14 min(s), 33 sec(s) ago)
(RTTNews) - Danish retail sales increased in July after a renewed decline in the previous month, p ...Full Story»