According to calculations and projections by Business Iceland at least 5,700 new jobs were created this year. The group expects job creation will continue to be strong in the next two years as well, as 3,200 jobs will be added next year and 2,600 in 2017. All in all Business Iceland expects 11,500 new jobs will have been added by 2017.
The local newspaper Morgunblaðið reports that the projections of Business Iceland are very similar to those published by the Directorate of Labour, although the Directorate of labour expects somewhat more jobs will be added next year. Þorsteinn Viglundsson, the director of Business Iceland, told Morgunblaðið that this increasing demand for labour must be met by importing workers. “It’s clear that we do not have the domestic workers to man the jobs that are being created. The natural growth in the labour force is nowhere enough to meet this growth.”
The Directorate of Labour similarly expects the number of foreign workers to increase. According to data from the Directorate of Labour the number of foreign workers fell dramatically after the 2008 financial crisis, but has been increasing steadily since last year. Gissur Pétursson the Director of the Directorate of Labour told the Icelandic National Broadcasting Service that by 2017 the number of foreign workers in Iceland is expected to have topped 19,000, and their portion of the total labour force to be 9.9%.
According to calculations and projections by Business Iceland at least 5,700 new jobs were created this year. The group expects job creation will continue to be strong in the next two years as well, as 3,200 jobs will be added next year and 2,600 in 2017. All in all Business Iceland expects 11,500 new jobs will have been added by 2017.
The local newspaper Morgunblaðið reports that the projections of Business Iceland are very similar to those published by the Directorate of Labour, although the Directorate of labour expects somewhat more jobs will be added next year. Þorsteinn Viglundsson, the director of Business Iceland, told Morgunblaðið that this increasing demand for labour must be met by importing workers. “It’s clear that we do not have the domestic workers to man the jobs that are being created. The natural growth in the labour force is nowhere enough to meet this growth.”
The Directorate of Labour similarly expects the number of foreign workers to increase. According to data from the Directorate of Labour the number of foreign workers fell dramatically after the 2008 financial crisis, but has been increasing steadily since last year. Gissur Pétursson the Director of the Directorate of Labour told the Icelandic National Broadcasting Service that by 2017 the number of foreign workers in Iceland is expected to have topped 19,000, and their portion of the total labour force to be 9.9%.