Society

Faroese labour force the highest in Europe

According to a new report by Statistics Faroe Islands, the Faroe Islands have the highest percentage of people in the labour force in Europe. 88 percent of Faroese men and 84 percent of Faroese women work.

Of 36,500 inhabitants from ages 15 to 74, 31,500 are part of the labour force and work either as employees, employers or small business owners, are unemployed but able to work, or work without pay in a family business.

People considered outside of the labour force include, for example, young people in the process of getting a degree, people that because of an illness, limited ability or other reasons are not able to work, or those who have retired.

Words: Levi Hanssen
This article was originally published on: Faroeislands.fo

CORONA AID FOR LOCAL.FO! ($10/month)
Due to the Corona virus, Local.fo is asking it’s many readers to consider start paying small amounts for their dose of the latest local news from the Faroe Islands.
Local.fo currently has only 31 supporters who are making small monthly financial contributions. All funds go towards steering through the Corona times and making Local.fo better!
CLICK HERE FOR MORE INFORMATION

Share this article on social media:

More in Society