The seasonally adjusted unemployment rate in Luxembourg eased to 4.6% in May of 2022, from 4.7% in the previous month. It as the lowest reading since December of 2008, as the number of unemployed fell by 96 to 14,021, while the national employment increased by 513 to 288,275. At the same time, the active population rose by 417 to 302,296. source: STATEC, Luxembourg

Unemployment Rate in Luxembourg averaged 3.90 percent from 1982 until 2022, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Unemployment Rate in Luxembourg is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 5.10 percent in 2023, according to our econometric models.

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Luxembourg Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-20 10:00 AM Apr 4.7% 4.7% 4.7%
2022-06-20 10:00 AM May 4.6% 4.7% 4.7%
2022-07-20 10:00 AM Jun 4.6%


Related Last Previous Unit Reference
Unemployment Rate 4.60 4.70 percent May 2022
Employed Persons 503580.00 501542.00 May 2022
Unemployed Persons 13946.00 14269.00 May 2022
Labour Costs 109.91 107.65 points Mar 2022
Job Vacancies 4130.00 3231.00 Thousand Jan 2015
Population 0.63 0.61 Million Dec 2020
Wages In Manufacturing 115.00 101.50 points Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.70 7.20 1.40 1982 - 2022 percent Monthly
SA

News Stream
Luxembourg Jobless Rate at Near 13-1/2-Year Low
The seasonally adjusted unemployment rate in Luxembourg eased to 4.6% in May of 2022, from 4.7% in the previous month. It as the lowest reading since December of 2008, as the number of unemployed fell by 96 to 14,021, while the national employment increased by 513 to 288,275. At the same time, the active population rose by 417 to 302,296.
2022-06-20
Luxembourg Jobless Rate Steady at Near 13-1/2-Year Low
The seasonally adjusted unemployment rate in Luxembourg stood at a near 13-1/2-year low of 4.7% in April of 2022, unchanged from the previous month. The number of unemployed people fell by 115 to 14,060 while the national employment increased by 580 to 287,938. At the same time, the active population went up by 465 to 301,998.
2022-05-20
Luxembourg Jobless Rate Lowest Falls to Lowest since 2008
The seasonally adjusted unemployment rate in Luxembourg eased to 4.7% in March of 2022 from a downwardly revised 4.8% in the prior month. It was the lowest jobless rate since December of 2008, as the number of unemployed people fell by 450 to 14,109 while the national employment increased by 825 to 287,474. Also, the active population went up by 377 to 301,584.
2022-04-20