Luxembourg Unemployment September 2021

Luxembourg

Luxembourg: Unemployment rate nears pre-pandemic level in September

October 20, 2021

The number of unemployed workers came in at 15,641 in September, which was down 3.0% from August’s result of 16,123. Meanwhile, the seasonally-adjusted unemployment rate came in at 5.5% in September, slightly down from August’s 5.6%. This marked the lowest print in 19 months, with the labor market nearing its pre-pandemic level of tightness.

FocusEconomics Consensus Forecast panelists project the unemployment rate to average 6.2% in 2021 and 5.8% in 2022.


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Luxembourg Unemployment September 2021

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


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