On this page

1. Forecasting system(s)

2. Skills development

Forecasting system(s)

There is no centralized scheme or mechanism in place regarding forecasts of the labour market, whether that forecast is focused on future jobs or the relevant skills they require. However it is possible to interpret the Act No 55/2006 on labour market initiatives as denoting the need to forecast the future needs of the labour market. In 2014, the Directorate of Labour published a report analysing future demands of the Icelandic labour market over the next ten year period in terms of work force, skills forecasting etc.

Skills development

There are no public records which show in what way these efforts impact policy making.