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Job vacancy statistics (jvs)

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National Reference Metadata in ESS Standard for Quality Reports Structure (ESQRS)

Compiling agency: Statistics Iceland

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Job vacancy statistics (JVS) provide information on the level and structure of labour demand. The country transmits to Eurostat the quarterly data on the number of job vacancies and the number of occupied posts as well as provides the quality report under the JVS framework regulation and the two implementing regulations: the implementing regulation on the definition of a job vacancy, the reference dates for data collection, data transmission specifications and feasibility studies, as well as the implementing regulation on seasonal adjustment procedures and quality reports

Not Applicable

Legal entity: A company or an organization that has legal rights and obligations. 

Employer: The smallest composition of legal entity which has one or more activities in one or more local units. 

Occupied post: counts of employed individuals who had income which corresponds to one hour per week accounted for in the Icelandic tax authority settlement of witholding taxes, including those on maternity leave from work and those with calculated remuneration, during the period covered by the data. 

Employee: Individual that works for an employer on the reference day, whether the individual is in full, half, or temporary job. The number of employees is not converted into the count of full-time equivalents.

Job vacancy: Is defined as a paid post that is newly created, unoccupied, or about to become vacant:

(a) for which the employer is taking active steps and is prepared to take further steps to find a suitable candidate from outside the enterprise concerned; and

(b) which the employer intends to fill either immediately or within a specific period of time.

Active steps to find a suitable candidate include:

  • notifying the job vacancy to the public employment services;
  • contacting a private employment agency/head hunters;
  • advertising the vacancy in the media (for example internet, newspapers, magazines);
  • advertising the vacancy on a public notice board;
  • approaching, interviewing or selecting possible candidates/potential recruits directly;
  • approaching employees and/or personal contacts;
  • using internships.

Specific period of time refers to the maximum time the vacancy is open and intended to be filled. That period shall be unlimited; all vacancies for which active steps are continuing on the reference date shall be reported.

Job vacancy rate (JVR): Number of job vacancies / (number of occupied posts + number of job vacancies) * 100

The statistical unit is the enterprise (legal entity).

The target population of the survey are all legal entities (enterprises) in Iceland that employ at least one individual.

The whole territory of Iceland.

Not Applicable

The Job Vacancy Survey is a sample survey which inevitably involves uncertainty, which increases with more breakdown of the data. To counteract this uncertainty, participant answers are weighted by their sample probabilities based on the size and economic activity of legal entities to adjust the sample to the population.

Not Applicable
Brief description of the weighting method Weighting dimensions
 Answers are weighted by their sample probabilities based on the size of the enterprises and economic sector to adjust the sample to the population.  
Identification of the source of the data

 Job Vacancy Survey

Coverage
  • Geographical
 The whole country 
  • NACE

 Sections A to S

  • Enterprise size
 1+ employees
Definition of the statistical unit  The statistical unit is the enterprise (legal entity)
Remarks  None
Sampling design
Base used for the sample  Icelandic buisness register
Sampling design

The sampling frame relies on the Icelandic buisness register and consists of all enterprises which had more than one employee working for them on average during each month of the previous calendar year of data collection and were still active when the sample was selected. The sample is chosen with a stratified random sampling of social security numbers from Statistics Iceland buisness register. 

Before selecting the sample, the enterprises are classified in four size categories (9 or fewer employees; 10-49 employees; 50-249 employees; 250 or more employees) and ten ÍSAT2008 economic activity categories ([A], [B, C, D, E], [F], [G, H, I], [J], [K], [L], [M, N], [O, P, Q], [R, S]). ÍSAT2008 is an Icelandic classification system of economic activity, based on NACE Rev. 2. The next step involves giving enterprises sampling probabilites. Enterprises in the largest size category (250 or more employees) get the sampling probability of 1 and the probabilites get smaller as the enterprises get smaller. 

Retention/renewal of sampling units  A new sample of medium, small and micro legal entities is selected each year, while the larger ones are always a part of the sample.
Sample size  Approximately 600 enterprises
Stratification  See above.
Other sources
Maintenance agency  
Updating frequency  
Rules for clearance (of outdated information)  
Voluntary/compulsory reporting and sanctions  
Remarks  
Not Applicable

Data was released on average 50 days after the end of the quarter for the reference year of 2024. Release dates are predefined for the ongoing year.

Information on differences between national and European concepts, and — to the extent possible — their effects on the estimation.
 Results are only published for the whole country so no geographical comparisson is made between regions in Iceland. The survey is conducted according to the European regulation No 453/2008 and results are therefore comparable to figures from other countries within the European Statistical System.
Information on changes in definitions, coverage and methods in any two consecutive quarters, and their effects on the estimation. Remarks
 Methods and processing of data is coordinated over time. In cases where methods are changed, figures for older time-periods are recalculated and users informed. That way, statistics are comparable over time.