Unemployment in Luxembourg
The unemployment rate in Luxembourg averaged 6.1% in the decade to 2022, below the 9.2% average for the Euro Area. The unemployment rate in 2022 was 4.8%. For more unemployment information, visit our dedicated page.
Luxembourg Unemployment Chart
Luxembourg Unemployment Data
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Unemployment (% of active population, aop) | 5.5 | 5.4 | 6.4 | 5.7 | 4.8 |
Unemployment (% of active population, eop) | 5.1 | 5.4 | 6.3 | 5.2 | 4.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Luxembourg unemployment projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Luxembourg unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Luxembourg unemployment projections.
Want to get access to the full dataset of Luxembourg unemployment forecasts? Send an email to info@focus-economics.com.
Latest Global Unemployment News
-
Seasonally-adjusted employment fell by 6,600 in March, following 116,500 jobs added in February. March’s result was driven by a decline...
-
United States: Job gains beat market expectations in March
Total non-farm payrolls grew by 303,000 in March, up from 270,000 in February and beating market expectations by around 50%.... -
Euro Area: Unemployment rate stable in February
The seasonally adjusted unemployment rate came in at 6.5% in February, stable from January. As for the Eurozone’s largest economies,... -
Greece: Unemployment rate increases in February
February’s data paints a worsening picture of the labor market. The seasonally adjusted unemployment rate rose to 11.0% from January’s... -
Australia: Unemployment rate plunges in February
Seasonally-adjusted employment rose by 116,500 in February, following 15,200 jobs added in January and smashing market expectations of a considerably... -
United Kingdom: Labor market remains robust midway through Q1 2024
According to the statistical office, vacancy numbers declined in the three months to February for the 20th consecutive three-month period,... -
United States: Job gains beat market expectations in February
Total non-farm payrolls grew by 275,000 in February, up from January’s 229,000 gain and beating market expectations. Job gains occurred...