JobsUnemployment rate rises again, remaining at two-year highRise in unemployment comes as EU and government forecast recession for country this yearThe construction sector has seen a swathe of bankruptcies and job losses this year © Photo credit: LT archiveYannick HansenFreelancerShare this with twitterShare this with facebookShare this with whatsappShare this with email20/11/2023
Job marketLuxembourg unemployment rate rises to 5.9% Rate increases for the first time since summer, with more than 18,600 registered jobseekers in November
Economic forecastLuxembourg’s economic outlook strong for 2025 but reforms needed, warns OECDWhile falling inflation and wage indexation are set to boost household incomes, OECD report says country’s pension system requires long-lasting changes
UnemploymentOne in four young people in Luxembourg out of workLuxembourg continues to have one of highest youth unemployment rates in EU, according to Eurostat data, although overall unemployment rate is around EU average
UnemploymentLuxembourg jobless rate stable at 5.8%The number of jobseekers out of work for four months or longer rose across all sectors of the economy in September
Closing downLuxembourg job losses reach ten year high amid rising bankruptciesThere were 2,386 job losses as a result of bankruptcies in the first three quarters of 2024, the highest level since 2013, according to Statec figures
JobsLuxembourg graduate jobseekers shun Adem training coursesMajority of graduates looking for work through employment agency turning down offer of free courses
Labour marketUnemployment stable with fewer new jobseekers in AugustNumber of overall job seekers was up considerably year-on-year
Job opportunitiesRate of Luxembourg graduates finding work barely beats EU averageAbout 85% of graduates in Luxembourg found work within three years of finishing secondary school or university last year
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