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Unemployment 4.4% in December

According to the Icelandic Labour Force Survey the number of persons in the labour force in December 2013 was 185,100. Of those in the labour force 176.900 persons where employed and 8,200 persons where unemployed. The activity rate was 80.9%, the employment rate was 77.3% and the unemployment rate was 4.4%. 

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Domestic foreign exchange market and foreign exchange reserves 2013

From now on, the Central Bank will report at the beginning of each year on foreign exchange market developments and changes in the foreign exchange reserves during the preceding year. Early in 2013, after a period of marked ISK depreciation in the final months of 2012, the Central Bank decided to suspend its programme of regular foreign currency purchases, and the króna appreciated significantly thereafter.

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