Luxembourg: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 5.6 percent as of August 2024, a decline compared to the previous value of 5.7 percent. Historically, the average for Luxembourg from January 1983 to August 2024 is 3.92 percent. The minimum of 1.4 percent was recorded in July 1990, while the maximum of 7.4 percent was reached in April 2020.
Click on the following link to see the values of: Unemployment rate around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
Recent values | Luxembourg: Unemployment rate, percent |
---|---|
2024  Aug | 5.6 |
2024  Jul | 5.7 |
2024  Jun | 5.4 |
2024  May | 5.5 |
2024  Apr | 5.6 |
2024  Mar | 5.7 |
2024  Feb | 6 |
2024  Jan | 6 |
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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Labor force | 0.35 | 2023 | million people |
Unemployment rate | 5.19 | 2023 | percent |
Female unemployment | 5.25 | 2023 | percent |
Male unemployment | 5.32 | 2023 | percent |
Youth unemployment | 16.83 | 2023 | percent |
Labor force participation | 62.43 | 2023 | percent |
Labor force: percent female | 46.14 | 2023 | percent |
Female labor force participation | 57.82 | 2023 | percent |
Male labor force participation | 67.00 | 2023 | percent |
Self-employment | 10.69 | 2022 | percent |
Employment | 0.32 | Q2/2024 | million employed people |
Unemployment rate | 5.60 | 8/2024 | percent |
Labor cost | 117.30 | Q2/2024 | index points |