The seasonally adjusted unemployment rate in Luxembourg was at 4.7 percent in June of 2022, remaining steady from the previous month’s upwardly revised reading and at the lowest level since December of 2008. Unemployment rose by 42 individuals from the previous month to 14,110, offsetting an in increase in employment by 362 people to 288,380. Meanwhile, the active population rose by 394 to 302,490. source: STATEC, Luxembourg
Unemployment Rate in Luxembourg averaged 3.90 percent from 1982 until 2022, 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 August of 2022.
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. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 5.10 percent in 2023, according to our econometric models.