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. source: STATEC, Luxembourg

Unemployment Rate in Luxembourg averaged 3.87 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 August of 2021.

Unemployment Rate in Luxembourg is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Luxembourg to stand at 6.30 in 12 months time. In the long-term, the Luxembourg Unemployment Rate is projected to trend around 6.10 percent in 2022 and 5.60 percent in 2023, according to our econometric models.

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Luxembourg Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.80 7.20 1.40 1982 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-20 09:00 AM Mar 6.1% 6.2% 6.5%
2021-05-20 09:00 AM Apr 6.1% 6.1% 6.2%
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 5.7%
2021-09-20 09:00 AM Aug
2021-10-20 09:00 AM Sep
2021-11-22 10:00 AM Oct


News Stream
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 Jobless Rate Steady at 6.1%
The seasonally adjusted unemployment rate in Luxembourg was recorded at 6.1 percent in April, the same as in the previous month, and the lowest since the outbreak of the pandemic last March. The number of unemployed people went down by 71 to 18,130 while the national employment increased by 275 to 280,327. Meantime, the active population went up by 204 to 298,457.
2021-05-20
Luxembourg Jobless Rate at 1-Year Low
The seasonally adjusted unemployment rate in Luxembourg dropped to 6.1 percent in March of 2021 from a downwardly revised 6.2 percent in the previous month. It was the lowest jobless rate since March of 2020, as the number of unemployed people went down by 386 to 18,206 while the national employment increased by 422 to 279,980. Meantime, the active population went up by 35 to 298,186.
2021-04-20

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.