Youth Unemployment Rate in Luxembourg increased to 26.70 percent in June from 26.10 percent in May of 2020.
Youth Unemployment Rate in Luxembourg averaged 10.96 percent from 1983 until 2020, reaching an all time high of 26.70 percent in June of 2020 and a record low of 2.70 percent in April of 1991. This page provides the latest reported value for - Luxembourg Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Youth Unemployment Rate - values, historical data and charts - was last updated on August of 2020.
Youth Unemployment Rate in Luxembourg is expected to be 24.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Luxembourg to stand at 24.50 in 12 months time. In the long-term, the Luxembourg Youth Unemployment Rate is projected to trend around 24.50 percent in 2021 and 23.80 percent in 2022, according to our econometric models.