Employment Rate in Luxembourg decreased to 66.70 percent in the first quarter of 2020 from 67.90 percent in the fourth quarter of 2019.

Employment Rate in Luxembourg averaged 64.09 percent from 1992 until 2020, reaching an all time high of 68.40 percent in the second quarter of 2019 and a record low of 58.50 percent in the second quarter of 1995. This page provides - Luxembourg Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Employment Rate - values, historical data and charts - was last updated on July of 2020.

Employment Rate in Luxembourg is expected to be 66.41 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Luxembourg to stand at 66.44 in 12 months time. In the long-term, the Luxembourg Employment Rate is projected to trend around 66.47 percent in 2021 and 66.48 percent in 2022, according to our econometric models.

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Luxembourg Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
66.70 67.90 68.40 58.50 1992 - 2020 percent Quarterly
NSA

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 7.00 7.20 1.40 percent [+]
Employed Persons 471029.00 467716.00 474467.00 211007.00 [+]
Unemployed Persons 20209.00 20253.00 20253.00 821.00 [+]
Long Term Unemployment Rate 1.40 1.10 2.60 0.40 percent [+]
Youth Unemployment Rate 26.10 24.70 26.10 2.70 percent [+]
Labour Costs 137.30 116.17 189.00 85.90 points [+]
Wages 5382.90 5324.50 5382.90 2199.50 EUR/Month [+]
Minimum Wages 2071.07 2071.07 2071.07 1162.08 EUR/Month [+]
Population 0.61 0.60 0.61 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 [+]
Labor Force Participation Rate 60.00 60.70 60.90 51.40 percent [+]
Part Time Employment 52.80 47.80 54.60 16.00 Thousand [+]
Productivity 98.50 98.30 104.20 87.00 points [+]
Wages In Manufacturing 95.00 102.90 141.30 83.40 points [+]
Full Time Employment 233.10 238.30 238.30 153.50 Thousand [+]
Employment Change 0.80 0.80 1.90 -0.30 percent [+]
Employment Rate 66.70 67.90 68.40 58.50 percent [+]


Luxembourg Employment Rate
In Luxembourg, the employment rate measures the number of people who have a job as a percentage of the working age population.