A lot of the immigrants who come to Iceland are unskilled labor migrants. Many work in the country's booming tourism industry, or within the manufacturing industry. The participation rate is almost equal between the native Icelandic population and the foreign-born population, and unemployment rates are low. However, foreigners in Iceland generally earn much less than Icelanders. The income of both groups has grown over the last years, but the average foreigner earned around one million Icelandic Krona less than their Icelandic counterparts in 2018.
A lot of the immigrants who come to Iceland are unskilled labor migrants. Many work in the country's booming tourism industry, or within the manufacturing industry. The participation rate is almost equal between the native Icelandic population and the foreign-born population, and unemployment rates are low. However, foreigners in Iceland generally earn much less than Icelanders. The income of both groups has grown over the last years, but the average foreigner earned around one million Icelandic Krona less than their Icelandic counterparts in 2018.