The seasonally adjusted unemployment rate in Luxembourg edged down to 5.3 percent in October 2018 from 5.4 percent in the preceding month. It is the lowest jobless rate since April 2009. The number of unemployed persons fell by 47 to 14,975 and employed people went up by 1,189 to 452,773. Meantime, active population increased by 397 to 280,812. A year earlier, the jobless rate was higher at 5.8 percent. On a yearly basis, unemployed persons fell by 962 to 14,773, with the decline in unemployment being particularly beneficial to job seekers under age 30 (-11.4 percent) and low-skilled job seekers (-7.9 percent). Unemployment Rate in Luxembourg averaged 3.73 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 5.60 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 5.00 in 12 months time. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 5.20 percent in 2020, according to our econometric models.

Luxembourg Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-20 09:15 AM Unemployment Rate 5.5% 5.5% 5.5%
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 10:00 AM Unemployment Rate 5.3% 5.3%
2019-01-21 10:00 AM Unemployment Rate 5.6%
2019-02-20 10:00 AM Unemployment Rate


Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.40 7.20 1.40 percent [+]
Employed Persons 455466.00 453180.00 455466.00 211023.00 [+]
Unemployed Persons 14773.00 14582.00 19457.00 821.00 [+]
Long Term Unemployment Rate 1.20 1.50 2.60 0.40 percent [+]
Youth Unemployment Rate 11.90 12.20 22.70 2.70 percent [+]
Labour Costs 96.99 109.27 189.00 85.90 Index Points [+]
Wages 5301.25 5030.10 5301.25 2199.50 EUR/Month [+]
Minimum Wages 1998.59 1998.59 1998.59 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 99.10 101.00 129.90 83.40 Index Points [+]
Labor Force Participation Rate 59.00 59.90 60.80 51.40 percent [+]
Productivity 99.00 99.70 109.60 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 66.20 67.20 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.30 5.40 7.20 1.40 1982 - 2018 percent Monthly
SA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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