Luxembourg: Unemployment stable in July
August 20, 2019
In July, the number of unemployed workers stood at 15,668, up 4.2% from June’s result, while the seasonally-adjusted unemployment rate remained stable at 5.5% from the previous months, to match that of the same month last year.
According to the Agency for Employment Development (ADEM), the rise in unemployment since the start of the year largely reflects new registrations in the social inclusion income program following the introduction of new legislation.
Author: Nicolás J. Aguilar, Economist