Unemployment in Luxembourg

Luxembourg Unemployment | Economic News & Forecasts

Luxembourg - Unemployment

Available data paints a mixed picture for the economy in Q2, following an outstanding quarter-on-quarter performance in Q1 which was largely driven by buoyant capital outlays. Industrial output climbed at a healthy rate in April on the back of soaring production of machinery and equipment. In a similar vein, merchandise imports in the same month were outpaced by exports, which benefited from a surge in demand from Germany and France. However, on the domestic front, retail sales dipped in April despite a tightening labor market and consumer confidence hovering well above the historical average—hinting at soft private consumption dynamics in the quarter.

Luxembourg - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate6.8  7.1  6.8  6.4  5.9  

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Luxembourg Unemployment Chart

Luxembourg Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Institute of Luxembourg.

Luxembourg Facts

Exchange Rate1.160.65 %Aug 07
Stock Market8960.19 %Aug 07

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