Unemployment in Luxembourg

Luxembourg Unemployment | Economic News & Forecasts

Luxembourg - Unemployment

Unemployment inches down in September

In September, the number of unemployed workers stood at 14,692, down 4.4% from August’s result, while the seasonally-adjusted unemployment rate edged down to 5.3% from 5.4% a month prior.

According to the Agency for Employment Development (ADEM), the rise in unemployment during most of this year largely reflects new registrations in the social inclusion income program following the introduction of new legislation in January.

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

Luxembourg - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate6.8  7.1  6.8  6.3  5.9  

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Luxembourg Unemployment Chart

Luxembourg Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Institute of Luxembourg.

Luxembourg Facts

Exchange Rate1.100.65 %Sep 04
Stock Market5950.19 %Sep 04

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