Luxembourg Unemployment May 2021


Luxembourg: Unemployment rate tricks down in May

June 28, 2021

In May, the number of unemployed workers came in at 17,340, which was down 5.0% from April’s result of 18,249. Meanwhile, the seasonally-adjusted unemployment rate came in at 5.9% in May, down from April’s 6.1%.

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 May 2021 0

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

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