Luxembourg Employed Persons - Forecast

Employed Persons in Luxembourg is expected to be 446718.01 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 454523.57 in 12 months time. In the long-term, the Luxembourg Employed Persons is projected to trend around 482007.37 in 2020, according to our econometric models.


Luxembourg Employed Persons
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Luxembourg Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 5.6 5.8 5.7 5.6 5.5 5.2
Employed Persons 446838 446718 449705 451905 454524 482007
Unemployed Persons 14808 14605 15159 15712 15446 15376
Long Term Unemployment Rate 1.8 2.2 2.2 2.2 2.2 2.2
Youth Unemployment Rate 13.9 13.81 13.81 13.8 13.8 13.8
Labour Costs 91.43 100 103 102 102 102
Wages 5301 5100 5100 5100 5150 5200
Minimum Wages 1999 1999 1999 1999 2050 2100
Population 0.59 0.6 0.6 0.6 0.6 0.63
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Wages In Manufacturing 105 106 103 104 104 104
Labor Force Participation Rate 59.2 59.24 59.55 59.28 59.52 59.38
Productivity 99.7 101 98.95 103 99.19 101
Part Time Employment 51.6 52.08 52.19 52.15 52.16 52.16
Employment Change 1.1 0.75 0.75 0.75 0.75 0.75
Employment Rate 66.3 66.45 66.45 66.45 66.45 66.45
Full Time Employment 217 217 217 217 217 217