Labor Force Participation Rate in Luxembourg increased to 60.80 percent in the second quarter of 2019 from 60.20 percent in the first quarter of 2019.
Labor Force Participation Rate in Luxembourg averaged 57.36 percent from 1998 until 2019, reaching an all time high of 60.80 percent in the fourth quarter of 2014 and a record low of 51.40 percent in the second quarter of 1998. This page provides - Luxembourg Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Labor Force Participation Rate in Luxembourg is expected to be 59.22 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Luxembourg to stand at 59.21 in 12 months time. In the long-term, the Luxembourg Labor Force Participation Rate is projected to trend around 59.22 percent in 2020, according to our econometric models.