Arctic Region > Iceland > Labor

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Agricultural workers > Female	5%		[41st of 77]
Compensation of employees > % of expense	29.63 %		[34th of 97]
DEFINITION: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.		View time series
SOURCE: ILO (International Labour Organization). 2002. Key Indicators of the Labour Market 2001-2002. February 2002
Days off work	367 days		[1st of 20]
DEFINITION: Number of days not worked for every 1000 salaried employees. Selected OECD countries only. Data for 2000.
SOURCE: World Development Indicators database
Economic activity > Men aged 65 plus	37.98		[75th of 162]
DEFINITION: Economically active population ("usually active" or "currently active" (currently active is also known as "the labour force")) comprises all persons of either sex above a specified age who furnish the supply of labour for the production of economic goods
SOURCE: OECD
Female decision makers	27%		[39th of 67]
DEFINITION: Female legislators, senior officials and managers (as % of total). Data refer to the latest year available during the period 1991-2000. Those for countries that have implemented the recent International Standard Classification of Occupations (ISCO-88) are not strictly comparable with those for countries using the previous classification (ISCO-68).
SOURCE: Economic activity rate and economically active population, by sex, thirteen age groups, 1950-2010 (ILO estimates and projections) are data from the International Labour Union (ILO). Source details: ILO, Economically Active Population, 1950-2010, fourth edition, diskette database (Geneva, 1997). The latest set of estimates and projections covering the period 1950-2010 (4th edition) was released by ILO in December 1996. These data are updated every five-ten years by ILO and a new set of these data is in preparation
Female economic activity growth	1%		[95th of 156]
DEFINITION: The % change in the female economic activity rate (aged 15 and above) from 1990 to 2000.
SOURCE: calculated on the basis of occupational data from ILO (International Labour Organization). 2002. Laboursta Database. February 2002
force with tertiary education > % of total	29.6 %		[7th of 52]
DEFINITION: Labor force with tertiary education is the proportion of labor force that has a tertiary education, as a percentage of the total labor force.		View time series
SOURCE: calculated on the basis of data on the economically active population and total population from ILO (International Labour Organization). 2002. Estimates and Projections of the Economically Active Population, 1950-2010, 4th ed., rev. 2. Database. Geneva
force, total	176,805.7		[163rd of 184]
DEFINITION: Total labor force comprises people who meet the International Labour Organization definition of the economically active population: all people who supply labor for the production of goods and services during a specified period. It includes both the employed and the unemployed. While national practices vary in the treatment of such groups as the armed forces and seasonal or part-time workers, in general the labor force includes the armed forces, the unemployed, and first-time job-seekers, but excludes homemakers and other unpaid caregivers and workers in the informal sector.		View time series
SOURCE: World Development Indicators database
Labor force > By occupation agriculture, fishing and fish processing 10.3%, industry 18.3%, services 71.4%
DEFINITION: Component parts of the labor force by occupation.		View time series
SOURCE: World Development Indicators database
Long term unemployment	0.2%		[25th of 27]
DEFINITION: Long term unemployment as a % of labour force, 2000. Long term implies 12 months or longer.
SOURCE: All CIA World Factbooks 18 December 2003 to 18 December 2008
Parental leave > Paid maternity leave 90 days 80% up to a ceiling of Íkr480,000 (€5,300, $6,700) monthly (minimum monthly payment Íkr 91,200 (€1000, $1,275) + 90 days to be shared between the parents
DEFINITION:
SOURCE: OECD (Organization for Economic Co-operation and Development). 2001. Employment Outlook. Paris
Parental leave > Paid paternity leave	As for the mother
DEFINITION:
SOURCE: Wikipedia: Parental leave
Rigidity of employment index	31		[105th of 166]
DEFINITION: The rigidity of employment index measures the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This index is the average of three subindexes: a difficulty of hiring index, a rigidity of hours index, and a difficulty of firing index. The index ranges from 0 to 100, with higher values indicating more rigid regulations.		View time series
SOURCE: Wikipedia: Parental leave
Strikes	244		[2nd of 27]
DEFINITION: Strikes five-year average in days not worked per 1000 employees (1996-2000)
SOURCE: World Development Indicators database
Temporary employment share	5.4%		[23rd of 26]
DEFINITION: Temporary employment, expressed as a percentage share of total dependent employment. Data for 2000
SOURCE: OECD
Unemployment gender ratio	158%		[7th of 30]
DEFINITION: Female unemployment rate as a % of the male unemployment rate.
SOURCE: OECD
Unemployment, female > % of female labor force	2.9 %		[72nd of 95]
DEFINITION: Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.		View time series
SOURCE: calculated on the basis of data on male and female unemployment rates from OECD (Organisation for Economic Co-operation and Development). 2001. Employment Outlook 2001. Paris
Unemployment, total > % of total labor force	3.1 %		[73rd of 101]
DEFINITION: Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.		View time series
SOURCE: World Development Indicators database
Workers' remittances and compensation of employees, paid > US$	65,000,000 $		[70th of 149]
DEFINITION: Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Workers’ remittances are classified as current private transfers from migrant workers who are residents of the host country to recipients in their country of origin. They include only transfers made by workers who have been living in the host country for more than a year, irrespective of their immigration status. Compensation of employees is the income of migrants who have lived in the host country for less than a year. Migrants’ transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration.		View time series
SOURCE: World Development Indicators database
Youth unemployment	4.7%		[29th of 30]
DEFINITION: Youth unemployment rate
SOURCE: World Development Indicators database

Interesting facts on Icelandic Labor

• More than a third of the time, Icelanders don't show up for work. Perhaps that's why they're the world's happiest nation.

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