Long Term Unemployment Rate in Luxembourg decreased to 1.20 percent in the third quarter of 2019 from 1.30 percent in the second quarter of 2019.

Long Term Unemployment Rate in Luxembourg averaged 1.38 percent from 1992 until 2019, reaching an all time high of 2.60 percent in the third quarter of 2016 and a record low of 0.40 percent in the second quarter of 1992. This page provides - Luxembourg Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Luxembourg is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Luxembourg to stand at 1.30 in 12 months time. In the long-term, the Luxembourg Long Term Unemployment Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.


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Luxembourg Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.30 2.60 0.40 1992 - 2019 percent Quarterly

Luxembourg Long Term Unemployment Rate
In Luxembourg, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.40 7.20 1.40 percent [+]
Employed Persons 466093.00 473973.00 473973.00 211007.00 [+]
Unemployed Persons 16532.00 15351.00 19457.00 821.00 [+]
Long Term Unemployment Rate 1.20 1.30 2.60 0.40 percent [+]
Youth Unemployment Rate 15.60 12.90 22.80 2.70 percent [+]
Labour Costs 96.99 100.16 189.00 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 0.60 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 101.10 100.70 139.10 83.40 points [+]
Labor Force Participation Rate 60.80 60.20 60.80 51.40 percent [+]
Productivity 99.70 102.30 107.20 87.10 points [+]
Part Time Employment 49.60 50.30 54.60 16.00 Thousand [+]
Employment Change 0.80 0.90 1.90 -0.30 percent [+]
Employment Rate 67.90 68.30 68.30 58.50 percent [+]
Full Time Employment 235.20 236.70 237.60 153.50 Thousand [+]