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A lack of construction workers

Benedikt Hilmarsson with one of the few Icelandic construction workers he has managed to employ, Ívar Örn Þráinsson (above)

Facts
  • Just under 200,000 people are active in the Icelandic labour market.Around 11 percent are foreign.
  • Foreign labour has grown by four percent since last year.
  • The tourism sector employs 30,500 people. The number has grown by eight percent in one year. Never before have so many people worked in the Icelandic tourism industry.
  • The construction industry has seen the largest growth over the past year.
  • 14 percent more people now work in the construction industry compared to last year.
  • Just over 13,000 people work in the construction industry.
  • In August 2017 unemployment was at 1.9 percent.
The number of foreigners in the Icelandic labour market
YearNumber
2007 16395
2008 18167
2009 16590
2010 15193
2011 14627
2012 14521
2013 15366
2014 16372
2015 18008
2016 20605
2017

24409* 

*June 2017.

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