Unemployment Rate in Luxembourg decreased to 6.30 percent in September from 6.40 percent in August of 2020.
Unemployment Rate in Luxembourg averaged 3.83 percent from 1982 until 2020, 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 October of 2020.
Unemployment Rate in Luxembourg is expected to be 7.50 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 7.30 in 12 months time. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 6.80 percent in 2021 and 6.10 percent in 2022, according to our econometric models.