The seasonally adjusted unemployment rate in Luxembourg came in at 5.4 percent in December of 2019, the same as in the previous month and compared to 5.1 percent a year earlier. The number of unemployed persons increased by 50 from a month early to 15,722 and the national employment went up by 582 to 274,944.

Unemployment Rate in Luxembourg averaged 3.78 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. 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.

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 5.30 in 12 months time. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 5.20 percent in 2020, according to our econometric models.

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Luxembourg Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.40 7.20 1.40 1982 - 2019 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-21 10:00 AM Sep 5.3% 5.4% 5.3%
2019-11-20 10:00 AM Oct 5.3% 5.3% 5.2%
2019-12-20 10:00 AM Nov 5.4% 5.3% 5.3%
2020-01-20 10:00 AM Dec 5.4% 5.4% 5.3%
2020-02-20 10:00 AM Jan 5.4% 5.3%


News Stream
2019-12-20
Luxembourg Unemployment Rate Edges Up to 5.4%
The seasonally adjusted unemployment rate in Luxembourg edged up to 5.4 percent in November of 2019 from a seven-month low of 5.3 percent in October and compared to 5.2 percent a year earlier. The number of unemployed persons increased by 375 to 15,675 and the national employment went up by 576 to 273,783.

2019-11-20
Luxembourg Unemployment Rate Flat at 5.3%
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.

2019-10-21
Luxembourg Jobless Rate at 7-Month Low of 5.3%
The unemployment rate in Luxembourg decreased to 5.3 percent in September 2019 from 5.4 percent in the previous month. It was the lowest jobless rate since February, as the number of unemployed people fell by 373 to 15,175. Meanwhile, the national employment increased by 522 to 273,097 and the domestic employment, including residents and non-residents, rose by 1,353 to 468,138. The active population went up by 150 to 288,273.

2019-09-20
Luxembourg Unemployment Rate Flat at 5.4%
The unemployment rate in Luxembourg came in at 5.4 percent in August 2019, unchanged from the previous month, as the number of unemployed people rose by 46 to 15,693. Meanwhile, the national employment increased by 654 to 272,916 and the domestic employment, including residents and non-residents, went up 1,495 to 467,303. The active population rose 699 to 288,609.


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.