Luxembourg Employed Persons  Forecast


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Employed Persons in Luxembourg is expected to be 434797.76 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Luxembourg to stand at 434748.80 in 12 months time. In the long-term, the Luxembourg Employed Persons is projected to trend around 434268.44 in 2020, according to our econometric models.


Luxembourg Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 6 5.9 5.8 5.8 5.7 5.2
Employed Persons 435470 434798 434877 434798 434749 434268
Unemployed Persons 15893 15691 15629 15561 15494 14912
Long Term Unemployment Rate 2.3 2.17 2.18 2.16 2.15 2.08
Youth Unemployment Rate 17.1 16.71 16.47 16.28 16.12 14.96
Labour Costs 121 113 110 111 111 111
Wages 4212 4312 4336 4360 4385 5029
Minimum Wages 1999 2005 2028 2051 2055 2098
Population 0.59 0.59 0.6 0.6 0.6 0.63
Retirement Age Women 65 64 64 64 64 64
Retirement Age Men 65 64 64 64 64 64
Labor Force Participation Rate 59.4 59.3 59.27 59.24 59.21 58.94
Productivity 102 103 102 103 100 101
Part Time Employment 54.4 51.65 52.81 52.16 52.51 51.93
Wages In Manufacturing 105 105 104 104 104 104
Employment Change 0.7 0.79 0.77 0.79 0.77 0.79
Employment Rate 65.9 65.75 65.69 65.68 65.61 65.29
Full Time Employment 213 211 211 211 210 209