Long Term Unemployment Rate in Luxembourg increased to 1.90 percent in the third quarter of 2020 from 1.40 percent in the first quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Luxembourg averaged 1.39 percent from 1992 until 2020, reaching an all time high of 2.60 percent in the third quarter of 2016 and a record low of 0.40 percent in the second quarter of 1992. This page provides - Luxembourg Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Long Term Unemployment Rate - values, historical data and charts - was last updated on June of 2021.

Long Term Unemployment Rate in Luxembourg is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Luxembourg to stand at 2.20 in 12 months time. In the long-term, the Luxembourg Long Term Unemployment Rate is projected to trend around 2.20 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Luxembourg Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.40 2.60 0.40 1992 - 2020 percent Quarterly

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.90 6.10 7.20 1.40 percent [+]
Employed Persons 487410.00 484523.00 487410.00 211007.00 [+]
Unemployed Persons 17340.00 18249.00 20253.00 821.00 [+]
Long Term Unemployment Rate 1.90 1.40 2.60 0.40 percent [+]
Youth Unemployment Rate 21.70 21.30 26.30 2.70 percent [+]
Labour Costs 102.87 109.60 189.00 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 0.63 0.61 0.63 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 61.80 61.30 61.80 51.40 percent [+]
Part Time Employment 51.90 53.20 54.60 16.00 Thousand [+]
Productivity 108.40 101.60 108.40 87.00 points [+]
Wages In Manufacturing 107.50 99.30 141.20 83.40 points [+]
Full Time Employment 242.20 233.30 242.20 153.50 Thousand [+]
Employment Change 0.50 0.60 1.90 -0.50 percent [+]
Employment Rate 68.50 66.90 68.50 58.50 percent [+]


Luxembourg Long Term Unemployment Rate
In Luxembourg, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.