The seasonally adjusted unemployment rate in Luxembourg came in at 6.4 percent in January 2021, the same as in the previous month. It remained the highest jobless rate since August 2020, as the number of unemployed people went up by 230 to 19,198. Also, the national employment fell by 463 to 278,480 and the domestic one, including residents and non-residents, decreased by 264 to 479,110. Meantime, the active population went down by 233 to 297,678. source: STATEC, Luxembourg

Unemployment Rate in Luxembourg averaged 3.85 percent from 1982 until 2021, 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 March of 2021.

Unemployment Rate in Luxembourg is expected to be 6.40 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 5.80 in 12 months time. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 6.10 percent in 2022, according to our econometric models.

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Luxembourg Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.40 6.40 7.20 1.40 1982 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 10:00 AM Oct 6.3% 6.3% 7%
2020-12-21 10:00 AM Nov 6.3% 6.3% 6.1%
2021-01-20 10:00 AM Dec 6.4% 6.3% 6.3%
2021-02-22 10:00 AM Jan 6.4% 6.4% 6.5%
2021-03-22 10:00 AM Feb 6.4% 6.5%
2021-04-20 09:00 AM Mar
2021-05-20 09:00 AM Apr
2021-06-21 09:00 AM May


News Stream
Luxembourg Jobless Rate Steady at 6.4% in January
The seasonally adjusted unemployment rate in Luxembourg came in at 6.4 percent in January 2021, the same as in the previous month. It remained the highest jobless rate since August 2020, as the number of unemployed people went up by 230 to 19,198. Also, the national employment fell by 463 to 278,480 and the domestic one, including residents and non-residents, decreased by 264 to 479,110. Meantime, the active population went down by 233 to 297,678.
2021-02-22
Luxembourg Unemployment at 3-Month High
The seasonally adjusted unemployment rate in Luxembourg edged up to 6.4 percent in December of 2020 from 6.3 percent in each of the previous 2 months. The number of unemployed people went up by 1,191 to 19 918 while the national employment rose by 862 to 279,796 and the domestic one, including residents and non-residents, increased by 1565 to 479,868. Meantime, the active population increased by 1138 to 298,252.
2021-01-20
Luxembourg Jobless Rate Steady at 6.3% in November
The seasonally adjusted unemployment rate in Luxembourg came in at 6.3 percent in November of 2020, the same as in each of the previous two months. It remained the lowest jobless rate since March. The number of unemployed people went up by 81 to 18,727 while the national employment rose by 432 to 277,796 and the domestic one, including residents and non-residents, increased by 821 to 477,514. Meantime, the active population increased by 512 to 296,523.
2020-12-21
Luxembourg Jobless Rate Drops to 5-Month Low of 6.4%
The seasonally adjusted unemployment rate in Luxembourg decreased to 6.4 percent in August of 2020 from 6.6 percent in the previous month. It was the lowest jobless rate since March, as the number of unemployed people went down by 695 to 18,959. The national employment rose by 151 to 277,005 and the domestic one, including residents and non-residents, increased by 1,737 to 475,634. Meantime, the active population dropped by 544 to 295,964.
2020-09-21

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.