The unemployment rate in Luxembourg came in at 5.3 percent in October 2019, unchanged from the previous month, as the number of unemployed people rose by 89 to 15,300. Meanwhile, the national employment increased by 487 to 273,207 and the domestic employment, including residents and non-residents, went up 1,232 to 468,490. The active population rose 577 to 288,508. Unemployment Rate in Luxembourg averaged 3.77 percent from 1982 until 2019, 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.

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Luxembourg Unemployment Rate
Calendar GMT Actual Previous Consensus TEForecast
2019-08-20 09:00 AM Unemployment Rate Jul 5.5% 5.5% 5.4%
2019-09-20 10:00 AM Unemployment Rate Aug 5.4% 5.4% 5.4%
2019-10-21 10:00 AM Unemployment Rate Sep 5.3% 5.4% 5.3%
2019-11-20 10:00 AM Unemployment Rate Oct 5.3% 5.3% 5.2%
2019-12-20 10:00 AM Unemployment Rate Nov 5.3% 5.3%
2020-01-21 10:00 AM Unemployment Rate Dec
2020-02-20 10:00 AM Unemployment Rate Jan


Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.30 7.20 1.40 percent [+]
Employed Persons 470769.00 469483.00 470769.00 211007.00 [+]
Unemployed Persons 15036.00 14692.00 19457.00 821.00 [+]
Long Term Unemployment Rate 1.30 1.50 2.60 0.40 percent [+]
Youth Unemployment Rate 12.90 13.00 22.80 2.70 percent [+]
Labour Costs 100.16 115.11 189.00 85.90 Index 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 0.60 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 100.70 101.90 139.10 83.40 Index Points [+]
Labor Force Participation Rate 60.80 60.20 60.80 51.40 percent [+]
Productivity 102.30 96.90 107.20 87.10 Index Points [+]
Part Time Employment 50.30 46.10 54.60 16.00 Thousand [+]
Employment Change 0.90 1.00 1.90 -0.30 percent [+]
Employment Rate 68.30 67.60 68.30 58.50 percent [+]
Full Time Employment 236.70 237.60 237.60 153.50 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 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.30 5.30 7.20 1.40 1982 - 2019 percent Monthly
SA




Country Last Previous
South Africa 29.10 Sep/19 29
Turkey 14.00 Aug/19 13.9
Spain 13.92 Sep/19 14.02
Brazil 11.60 Oct/19 11.8
Argentina 10.60 Jun/19 10.1
Italy 9.70 Oct/19 9.9
France 8.60 Sep/19 8.5
India 8.50 Oct/19 7.2
Euro Area 7.50 Oct/19 7.6
Canada 5.90 Nov/19 5.5
Saudi Arabia 5.60 Jun/19 5.7
Australia 5.30 Oct/19 5.2
Indonesia 5.28 Sep/19 5.01
Russia 4.60 Oct/19 4.5
United Kingdom 3.80 Sep/19 3.9
China 3.61 Sep/19 3.61
Mexico 3.60 Oct/19 3.8
Netherlands 3.50 Oct/19 3.5
South Korea 3.50 Oct/19 3.4
United States 3.50 Nov/19 3.6
Germany 3.10 Oct/19 3.1
Japan 2.40 Oct/19 2.4
Singapore 2.30 Sep/19 2.2
Switzerland 2.30 Nov/19 2.2


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