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.

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Luxembourg Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
26.70 26.10 26.70 2.70 1983 - 2020 percent Monthly
SA

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 7.00 7.20 1.40 percent [+]
Employed Persons 473187.00 471029.00 474467.00 211007.00 [+]
Unemployed Persons 19876.00 20209.00 20253.00 821.00 [+]
Long Term Unemployment Rate 1.40 1.10 2.60 0.40 percent [+]
Youth Unemployment Rate 26.70 26.10 26.70 2.70 percent [+]
Labour Costs 130.80 137.30 189.00 85.90 points [+]
Wages 5382.90 5324.50 5382.90 2199.50 EUR/Month [+]
Minimum Wages 2071.07 2071.07 2071.07 1162.08 EUR/Month [+]
Population 0.61 0.60 0.61 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 [+]
Labor Force Participation Rate 60.00 60.70 60.90 51.40 percent [+]
Part Time Employment 52.80 47.80 54.60 16.00 Thousand [+]
Productivity 98.50 98.30 104.20 87.00 points [+]
Wages In Manufacturing 100.10 95.00 141.20 83.40 points [+]
Full Time Employment 233.10 238.30 238.30 153.50 Thousand [+]
Employment Change 0.80 0.80 1.90 -0.30 percent [+]
Employment Rate 66.70 67.90 68.40 58.50 percent [+]