Luxembourg Unemployment May 2020

Luxembourg

Luxembourg: Unemployment stable in May

June 22, 2020

In May, the number of unemployed workers came in at 20,209, which was down 0.2% from April’s result. Meanwhile, the seasonally-adjusted unemployment rate was stable at 7.0%, matching April’s reading which had marked the highest print since November 2014.

FocusEconomics Consensus Forecast panelists project the unemployment rate to average 6.9% in 2020. For 2021, the panel sees the unemployment rate averaging 6.3%.


Author:

Sample Report

Looking for forecasts related to Unemployment in Luxembourg? Download a sample report now.

Download

Luxembourg Unemployment Chart


Luxembourg Unemployment May 20 20

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


Luxembourg Economic News

More news

Search form