Unemployment in Luxembourg

Luxembourg Unemployment | Economic News & Forecasts

Luxembourg - Unemployment

Luxembourg’s economy appeared to get off on the right foot this year after what appeared to be solid third (Q3: +0.6% quarter-on-quarter s.a.) and fourth-quarter outturns last year. That said, its highly-developed financial markets have left it particularly exposed to the recent pullback across the Eurozone. Despite growing apprehension, financial-sector gains buoyed third-quarter growth. Non-financials, meanwhile, perked up. On the demand side, job creation and tax cuts bolstered economic sentiment which, in turn, lifted household spending. Fixed investment contracted for a third quarter, however, on an aircraft- and satellite-related base effect.

Luxembourg - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate6.8  7.1  6.8  6.4  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 Rate1.120.65 %Mar 11
Stock Market6910.19 %Mar 11

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