The seasonally adjusted unemployment rate in Luxembourg rose to 5.5 percent in May 2019 from 5.4 percent in the prior month, hinting its highest level since July last year, as the number of unemployed persons increased by 158 to 15,644 and employed rose by 1,247 to 462,789. Meantime, active population went up by 522 to 285,187. A year ago, the unemployment rate was at the same level. Unemployment Rate in Luxembourg averaged 3.76 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.

Unemployment Rate in Luxembourg is expected to be 5.10 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 4.90 in 12 months time. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 4.80 percent in 2020, according to our econometric models.

Luxembourg Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-20 10:00 AM Unemployment Rate 5.2% 5.1% 5.2%
2019-04-23 09:00 AM Unemployment Rate 5.4% 5.2% 5.3%
2019-05-20 09:00 AM Unemployment Rate 5.4% 5.4% 5.3%
2019-06-20 09:10 AM Unemployment Rate 5.5% 5.4% 5.2%
2019-07-22 09:00 AM Unemployment Rate 5.5% 5.1%
2019-08-20 09:00 AM Unemployment Rate 5.1%
2019-09-20 09:00 AM Unemployment Rate 5.1%


Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.40 7.20 1.40 percent [+]
Employed Persons 465114.00 462867.00 465114.00 211007.00 [+]
Unemployed Persons 15124.00 15453.00 19457.00 821.00 [+]
Long Term Unemployment Rate 1.20 1.60 2.60 0.40 percent [+]
Youth Unemployment Rate 14.20 13.00 22.70 2.70 percent [+]
Labour Costs 101.07 101.69 189.00 85.90 Index Points [+]
Wages 5301.25 5030.10 5301.25 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 105.40 108.90 138.90 83.40 Index Points [+]
Labor Force Participation Rate 60.00 59.00 60.80 51.40 percent [+]
Productivity 96.90 100.20 109.60 92.50 Index Points [+]
Part Time Employment 49.00 49.10 54.60 16.00 Thousand [+]
Employment Change 1.00 0.70 1.80 -0.20 percent [+]
Employment Rate 67.60 68.10 68.10 58.50 percent [+]
Full Time Employment 231.90 226.60 231.90 153.50 Thousand [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.40 7.20 1.40 1982 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.10 Mar/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 May/19
Indonesia 5.01 Mar/19
Russia 4.50 May/19
South Korea 4.00 Jun/19
United Kingdom 3.80 Apr/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.30 May/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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