Workforce continues to grow

Workforce continues to grow
In June, the number of employed people in the Faroes topped 27,000 for the first time
 
10.09.2018 - 14:19

The number of employed people in June 2018 was 27,066, 14,064 men and 13,002 women.

This number has been on a steady rise since 2013, according to Statistics Faroe Islands.

For the first time, wage earners in the construction industry now outnumber those in the fisheries/raw materials industry.

In this context, the construction industry comprises shipyards, building and construction, energy and water supplies and other industrial services.

The fisheries/raw materials industry comprises fishery, fish farming, agriculture and raw materials.

A wage earner is in this context defined as being aged 16-74, residing in the Faroes during the payment period and having an earned income equal to or higher than an unskilled worker in a given month.

Translated by prosa.fo

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