The seasonally adjusted unemployment rate in Luxembourg edged down to 5.2 percent in November 2018 from 5.3 percent in the prior month, hitting its lowest level since March 2009. The number of unemployed persons decreased by 347 to 14,564 and employed people rose by 1,240 to 453,958. Meantime, active population went up by 140 to 280,809. A year ago, the jobless rate was higher at 5.7 percent. Unemployment Rate in Luxembourg averaged 3.74 percent from 1982 until 2018, reaching an all time high of 7.20 percent in May of 2014 and a record low of 1.40 percent in March of 1991.

Unemployment Rate in Luxembourg is expected to be 5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Luxembourg to stand at 5.10 in 12 months time. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 4.80 percent in 2020, according to our econometric models.

Luxembourg Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-20 10:00 AM Unemployment Rate 5.5% 5.5% 5.5%
2018-10-22 10:00 AM Unemployment Rate 5.4% 5.5% 5.5%
2018-11-20 10:15 AM Unemployment Rate 5.3% 5.4% 5.4%
2018-12-20 10:10 AM Unemployment Rate 5.2% 5.3% 5.3%
2019-01-21 10:00 AM Unemployment Rate 5.2% 5.3%
2019-02-20 10:00 AM Unemployment Rate 5.3%
2019-03-20 10:00 AM Unemployment Rate 5.2%


Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.30 7.20 1.40 percent [+]
Employed Persons 456560.00 455428.00 456560.00 211023.00 [+]
Unemployed Persons 14408.00 14773.00 19457.00 821.00 [+]
Long Term Unemployment Rate 1.20 1.50 2.60 0.40 percent [+]
Youth Unemployment Rate 12.40 12.60 22.70 2.70 percent [+]
Labour Costs 89.28 96.99 189.00 85.90 Index Points [+]
Wages 5301.25 5030.10 5301.25 2199.50 EUR/Month [+]
Minimum Wages 2071.07 2071.07 2071.07 1162.08 EUR/Month [+]
Population 0.60 0.59 0.60 0.31 Million [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Wages In Manufacturing 101.00 99.10 129.90 83.40 Index Points [+]
Labor Force Participation Rate 60.00 59.00 60.80 51.40 percent [+]
Productivity 97.30 99.00 109.60 92.50 Index Points [+]
Part Time Employment 48.60 50.90 54.60 16.00 Thousand [+]
Employment Change 1.00 1.00 1.80 -0.20 percent [+]
Employment Rate 66.90 66.20 67.70 58.50 percent [+]
Full Time Employment 224.90 226.50 226.50 153.50 Thousand [+]


Luxembourg Unemployment Rate

In Luxembourg, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Luxembourg Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.30 7.20 1.40 1982 - 2018 percent Monthly
SA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.60 Nov/18
Turkey 11.60 Oct/18
Italy 10.50 Nov/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 7.90 Nov/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Dec/18
Indonesia 5.34 Sep/18
Australia 5.10 Nov/18
Russia 4.80 Nov/18
United Kingdom 4.10 Oct/18
United States 3.90 Dec/18
China 3.82 Sep/18
South Korea 3.80 Dec/18
Netherlands 3.60 Dec/18
India 3.52 Dec/17
Germany 3.30 Nov/18
Mexico 3.30 Nov/18
Switzerland 2.70 Dec/18
Japan 2.50 Nov/18
Singapore 2.10 Sep/18


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