The seasonally adjusted unemployment rate in Luxembourg jumped to 6.9 percent in April 2020 from 6.1 percent in the previous month. It was the highest jobless rate since February 2015, amid the coronavirus crisis. The number of unemployed people increased by 2,497 to 20,361. The national employment fell by 338 to 273,512 and the domestic one, including residents and non-residents, decreased by 552 to 466,757. The active population increased by 2,159 to 293,873.

Unemployment Rate in Luxembourg averaged 3.79 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 June of 2020.

Unemployment Rate in Luxembourg is expected to be 6.50 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 7.70 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.

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Luxembourg Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.90 6.10 7.20 1.40 1982 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-20 10:00 AM Jan 5.5% 5.4% 5.3%
2020-03-20 10:00 AM Feb 5.5% 5.4% 5.5%
2020-04-20 09:00 AM Mar 6.1% 5.5% 5.8%
2020-05-20 09:00 AM Apr 6.9% 6.1% 6.3%
2020-06-22 09:10 AM May 6.9%
2020-07-20 09:00 AM Jun 6.5%
2020-08-20 09:00 AM Jul
2020-09-21 10:00 AM Aug
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Luxembourg Jobless Rate Rises to Over 5-Year High
The seasonally adjusted unemployment rate in Luxembourg jumped to 6.9 percent in April 2020 from 6.1 percent in the previous month. It was the highest jobless rate since February 2015, amid the coronavirus crisis. The number of unemployed people increased by 2,497 to 20,361. The national employment fell by 338 to 273,512 and the domestic one, including residents and non-residents, decreased by 552 to 466,757. The active population increased by 2,159 to 293,873.
2020-05-20
Luxembourg Jobless Rate Rises to Near 3-Year High
The seasonally adjusted unemployment rate in Luxembourg increased to 6.1 percent in March 2020 from 5.5 percent in the previous month. It was the highest jobless rate since February 2017, as the number of unemployed people went up by 1,877 to 17,863. Meantime, the national employment rose by 512 to 276,266 and the domestic one, including residents and non-residents, advanced by 1,111 to 474,491. The active population increased by 2,389 to 294,129.
2020-04-20
Luxembourg Jobless Rate at 8-Month High in February
The seasonally adjusted unemployment rate in Luxembourg went up to 5.5 percent in February of 2020 from a revised 5.4 percent in the previous month. It was the highest jobless rate since June, as the number of unemployed people rose by 95 to 15,980. Meanwhile, the national employment increased by 618 to 276,462 and the domestic one, including residents and non-residents, went up by 1,318 to 474,636. The active population rose by 713 to 292,442.
2020-03-20
Luxembourg Jobless Rate at 7-Month High of 5.5%
The seasonally adjusted unemployment rate in Luxembourg went up to 5.5 percent in January 2020 from 5.4 percent in the previous month. It was the highest jobless rate since June, as the number of unemployed people rose by 135 to 15,881. Meanwhile, the national employment increased by 184 to 275,085 and the domestic employment, including residents and non-residents, went up by 1,095 to 472,804. The active population rose by 320 to 290,966.
2020-02-20

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.