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AM01010 Main figures from the labour force survey (2005-2023)

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Maria Heen
1/22/2024
number and pct.
A
1/22/2025
1/1/2000
Statistics Faroe Islands: www.hagstova.fo/en
AM01010_AFK_HOVTOL
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The unemployment figures are made in accordance with standards of the International Labour Organisation under UN. This ensures that the figures are comparable with similar figures from other countries.
The labour force is given by adding employed and unemployed. Persons neither employed nor unemployed are counted as economically inactive.
The data is compiled from public registers where employed, selv-employed and unemployed are identified. The about 5,000 persons not found in the registers are estimated by surveying 1,000 on them. The labour force survey is conducted in November each year estimating labour force status in the week containing 15 November.
In the survey all that worked for more than 1 hour in the reference week are counted as employed even if remunerated in kind. Those not working are counted as unemployd if they actively seek employment and are availabe for work within 2 weeks.
Before 2015 the data were not registerbased, but relied solely on surveying the full population 15-74 years.
The unemployment percentages in this survey are not comparable with other unemployment percentages from Statistics Faroe Islands which are based on records from the Unemployment insurance system (ALS) and the Social Affairs office.

year

The figures for 2015-2019 were corrected in 2020

age

15-64 years

Compatiple with EUROSTAT

16-66 years

Compatiple with the monthly unemployment statistics

15-74 years

Labour force as defined by ILO

main figures

Employment rate

Employed in pct. of population

Activity rate

Labour force in pct. of population

year

2014

The 2014 figures are estimated