Youth Unemployment Rate in Luxembourg increased to 22.30 percent in December from 21.50 percent in November of 2020. source: EUROSTAT

Youth Unemployment Rate in Luxembourg averaged 11.10 percent from 1983 until 2020, reaching an all time high of 26.30 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 March of 2021.

Youth Unemployment Rate in Luxembourg is expected to be 22.30 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 21.70 in 12 months time. In the long-term, the Luxembourg Youth Unemployment Rate is projected to trend around 21.70 percent in 2022, according to our econometric models.

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Luxembourg Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
22.30 21.50 26.30 2.70 1983 - 2020 percent Monthly
SA

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.40 6.40 7.20 1.40 percent [+]
Employed Persons 477452.00 473760.00 480582.00 211007.00 [+]
Unemployed Persons 19882.00 19918.00 20253.00 821.00 [+]
Long Term Unemployment Rate 1.90 1.40 2.60 0.40 percent [+]
Youth Unemployment Rate 22.30 21.50 26.30 2.70 percent [+]
Labour Costs 160.28 112.55 189.00 85.90 points [+]
Wages 5486.92 5429.00 5486.92 2199.50 EUR/Month [+]
Minimum Wages 2201.93 2141.99 2201.93 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 61.30 60.20 61.30 51.40 percent [+]
Part Time Employment 51.90 53.20 54.60 16.00 Thousand [+]
Productivity 101.60 100.20 104.20 87.00 points [+]
Wages In Manufacturing 139.50 107.40 141.20 83.40 points [+]
Full Time Employment 242.20 233.30 242.20 153.50 Thousand [+]
Employment Change 1.30 -0.60 1.90 -0.60 percent [+]
Employment Rate 66.90 66.90 68.40 58.50 percent [+]