
3,600 more people moved to Iceland than moved out of the country in the second quarter of 2022. The largest number moved to Iceland from Poland, or nearly 1,200, but 980 people moved to Iceland from Ukraine; the second-highest number.
By the end of June, there were nearly 60,000 foreign nationals registered as living in Iceland, which was roughly 16 percent of the country's total population.
The latest Landsbankinn report notes that the staff shortage in Iceland requires foreign workers and that nearly 90 percent of foreign nationals who move to the country are of working age.
The unemployment rate in Iceland is lower now than before covid; standing at 3.3 percent in June, according to Vinnumálastofnun (the Directorate of Labour).
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