Luxembourg Unemployment July 2021

Luxembourg

Luxembourg: Unemployment rate drops to 16-month low in June

August 20, 2021

In July, the number of unemployed workers came in at 16,807, which was up 2.5% from June’s result of 16,402. Meanwhile, the seasonally-adjusted unemployment rate came in at 5.6% in July, down from June’s 5.7% and the lowest reading since February 2020.

FocusEconomics Consensus Forecast panelists project the unemployment rate to average 6.4% in 2021, which is unchanged from last month’s forecast, and 6.0% in 2022.


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Luxembourg Unemployment Chart


Luxembourg Unemployment July 2021

Note: Month-on-month variation of unemployed people in thousands and unemployment rate in %.
Source: Luxembourg Statistical Institute (STATEC).


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