The seasonally adjusted unemployment rate in Luxembourg edged down to 5.5 percent in August of 2021, from 5.6 percent in the previous month. It was the lowest jobless rate since February 2020, as the number of unemployed persons dropped by 244 to 16,538 and the national employment expanded by 502 to 282,339. Additionally, the active population increased by 257 to 298,877. source: STATEC, Luxembourg

Unemployment Rate in Luxembourg averaged 3.88 percent from 1982 until 2021, 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 October of 2021.

Unemployment Rate in Luxembourg is expected to be 5.60 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 5.20 percent in 2022 and 5.10 percent in 2023, according to our econometric models.

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Luxembourg Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-06-21 09:00 AM May 5.9% 6.1% 6.2%
2021-07-20 09:00 AM Jun 5.7% 5.8% 5.9%
2021-08-20 09:00 AM Jul 5.6% 5.7% 5.7%
2021-09-20 09:00 AM Aug 5.5% 5.6% 5.5%
2021-10-20 09:00 AM Sep 5.5% 5.6%
2021-11-22 10:00 AM Oct
2021-12-20 10:00 AM Nov


News Stream
Luxembourg Jobless Rate Falls to 1-1/2-Year Low
The seasonally adjusted unemployment rate in Luxembourg edged down to 5.5 percent in August of 2021, from 5.6 percent in the previous month. It was the lowest jobless rate since February 2020, as the number of unemployed persons dropped by 244 to 16,538 and the national employment expanded by 502 to 282,339. Additionally, the active population increased by 257 to 298,877.
2021-09-20
Luxembourg Jobless Rate Inches Lower in July
The seasonally adjusted unemployment rate in Luxembourg inched down to 5.6 percent in July of 2021, from 5.7 percent in the prior month. It was the lowest jobless rate since February of 2020, as the number of unemployed people dropped by 251 to 16,759 while national employment expanded by 670 to 283,672. Additionally, the active population increased by 418 to 300,431.
2021-08-20
Luxembourg Jobless Rate Drops to 16-Month Low of 5.7%
The seasonally adjusted unemployment rate in Luxembourg edged down to 5.7 percent in June of 2021, from a downwardly revised 5.8 percent in the previous month. It was the lowest jobless rate since February of 2020, as the number of unemployed people decreased by 508 to 17,010 while the national employment rose by 506 to 283,002. At the same time, the active population was little-changed at 300,013.
2021-07-20
Luxembourg Jobless Rate Retreats to Pre-Pandemic Low
The seasonally adjusted unemployment rate in Luxembourg decreased to 5.9 percent in May of 2021, from 6.1 percent in the prior month. It was the lowest jobless rate since February of 2020, as the number of unemployed people dropped by 489 to 17,641 while the national employment increased by 1,805 to 282,132. At the same time, the active population expanded by 1,315 to 299,772.
2021-06-21

Luxembourg Last Unit Reference Previous Highest Lowest
Unemployment Rate 5.50 percent Aug/21 5.60 7.20 1.40
Employed Persons 484375.00 Aug/21 482725.00 488478.00 211007.00
Unemployed Persons 16123.00 Aug/21 16807.00 20253.00 821.00
Labour Costs 110.48 points Jul/21 109.39 189.00 85.90
Job Vacancies 4130.00 Thousand Jan/15 3231.00 4130.00 474.00
Population 0.63 Million Dec/20 0.61 0.63 0.31
Wages In Manufacturing 103.10 points Jul/21 107.00 141.20 83.40


Luxembourg Unemployment Rate
In Luxembourg, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.