Unemployment in Luxembourg

Luxembourg Unemployment | Economic News & Forecasts

Luxembourg - Unemployment

Unemployment rate ticks up in May

In May, the number of unemployed workers stood at 15,124, down 2.2% from April’s result, while the seasonally-adjusted unemployment rate ticked up to 5.5% (April: +5.4%) 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 5.0% 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

ValueChangeDate
Exchange Rate1.130.65 %Jul 11
Stock Market6160.19 %Jul 11

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