Never more vacant jobs than now
There were 12,240 vacant jobs in the Icelandic job market in the second quarter of 2022. At the same time there were 229,148 manned jobs, so the ratio of vacant jobs is 5.1%.
This is the highest number of vacant jobs measured in a yearly quarter since the first quarter of 2019 when Statistics Iceland started documenting jobs.
Most of the demand was for jobs in hotels and restaurants, in fish farming and for the local government.
3,200 more vacant jobs in the second quarter this year than 2021
"The job vacancy rate was the highest in economic activities G-I, Wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; accommodation and food service activities or 9.2%. In economic activity A, Agriculture, forestry and fishing, the vacancy rate was 8.8% and 8.2% in M-N, Professional, scientific and technical activities; administrative and support service activities. The job vacancy rate in the tourism industry was 8.1%."
The comparison with the second quarter of 2021 shows that the number of available jobs increased about 3,200 jobs between years, the number of manned jobs increased about 21,700 and the rate of vacant jobs went up 0.9 percentage points.