More than 1,000 employers in job retention scheme

01.06.2020 - 12:34
More than 1,000 employers in job retention scheme
Companies from 40 industry branches have made use of the corona job retention scheme
The ALS employment service headquarters in Tórshavn

Some 4,698 employees were or had been part of the corona job retention scheme, also known as rescue package 1, at the latest count on 13 May.

A total of 1,003 employees have signed up to the scheme, according to figures from the ALS employment service.

These numbers have now gone down significantly as people have either returned to work or been made redundant.

There are currently 2,123 people registered in the scheme, which is due to expire on 30 June.

 >> SEE ALSO More than 4,000 sign up for job retention scheme

Forty industry branches are represented in the scheme, according to tax authority TAKS’s business register.

The retail industry, excluding car dealerships and car repair workshops, had the highest number of furloughed staff at 512.

Next on this list is hotels and restaurants, with 481.

Youth unemployment

These figures are part of a reply from trade minister Helgi Abrahamsen to an enquiry about youth unemployment during the lockdown.

On 12 May, 663 job retention scheme claimants were in the 16-25 age group, which is the group referred to in relation to youth unemployment. This means that 24 percent of the 2,123 total on 12 May are in this age group.

But the trade minister adds that the true youth unemployment figure will not be known until the job retention scheme expires on 30 June.


Translated by

Nýggjastu sendingar í ÚV
Sunnudag 20. september
Guðstænasta í Vesturkirkjuni
Sunnudag 20. september
Oddvá Nattestad er gestur í Brunsj
Sunnudag 20. september
"Á jólum vóru vit sorgleys".
Leygardag 19. september
Jambalaja 190920
Nýggjastu sendingar í SV
Mánadag 14. september
Sunnudag 13. september
Andakt við Hallgerð Akurstein
Sunnudag 13. september
Guðstænasta úr Gøtu kirkju
Mánadag 7. september
Mánadag 7. september