The total unemployment rate increased slowly from 12,0% in November to 12,1% in December. The general unemployment increased from 10,6% in November to 10,7% in December and the reduced unemployment rate was unchanged from November or 1,4%.
Parliament has approved amendments to the legislation on unemployment insurance which moves the six-month validity period of income-related benefits from the 1st of September 2020 to the 1st of June 2020. This means that jobseekers who had not fully utilised their income-related benefit period in June, July or August 2020 are entitled immediately to the six-month period instead of three months.
The Directorate of Labour’s service center in Reykjavík will open on Wednesday the 16th of December.
The Directorate of Labour offers job seekers that have been unemployed for 6 months, to study full-time for one semester while receiving unemployment benefits. The initiative is called Opportunity in Education (Nám er tækifæri).
Ásmundur Einar Daðason, Minister of Social Affairs and Children, has signed a regulation regarding the December bonus payment to jobseekers who are insured within the unemployment insurance system.
The Directorate of Labour offers an additional 100% grant for Icelandic course this fall semester.
As of the 5th of October, all Directorate of Labour service centers will be closed due to the COVID-19 virus.This due to security measures in place to ensure the payment of unemployment benefits to jobseekers.
The Directorate of Labour will refund in full (100%) one Icelandic course for each jobseeker this fall semester.
Directorate of Labour Service Centers closed from the 31th of July.
The Directorate of Labour’s service centers will re-open from either the 30th of June or the 6th of July, or upon the completion of the employees’ summer leave.
Job seekers, please be informed that if you are to continue to be registered on unemployment benefits alongside reduced employment ratio in May, you are required to confirm this in My Pages between the 20th and 25th of May.
The labour market in April 2020
The Directorate of Labour directs to job seekers in reduced employment ratio that they are required to deregister from the unemployment registry if their employment has been terminated and/or if they are returning back to previous employment ratio.
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