Youth Unemployment Rate in Luxembourg decreased to 23.20 percent in August from 25.30 percent in July of 2020.
Youth Unemployment Rate in Luxembourg averaged 11.02 percent from 1983 until 2020, reaching an all time high of 27 percent in June of 2020 and a record low of 2.70 percent in April of 1991. This page provides the latest reported value for - Luxembourg Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Youth Unemployment Rate - values, historical data and charts - was last updated on October of 2020.
Youth Unemployment Rate in Luxembourg is expected to be 23.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Luxembourg to stand at 23.20 in 12 months time. In the long-term, the Luxembourg Youth Unemployment Rate is projected to trend around 22.70 percent in 2021 and 22.00 percent in 2022, according to our econometric models.