Luxembourg Unemployment June 2019


Luxembourg: Unemployment stable in June

July 22, 2019

In June, the number of unemployed workers stood at 15,037, down 0.6% from May’s result, while the seasonally-adjusted unemployment rate remained stable at 5.5% 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.

FocusEconomics Consensus Forecast panelists expect the unemployment rate to average 5.1% this year, which is up from the previous month’s projection. For 2020, the panel again also sees the unemployment rate averaging 5.0%.

Author:, Economist

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Luxembourg Unemployment Chart

Luxembourg Unemployment June 2019

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

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