Unemployment Falls 17.5% in 12 Months; Rate now at 5.7%

According to ADEM, Luxembourg's unemployment agency, as at 30 June 2021, the number of resident jobseekers available for work stood at 16,402; over one year, this represents a decrease of 3,474 people, or 17.5%.

Compared to the previous month, there were 938 fewer available resident jobseekers at the end of June 2021.

The unemployment rate, adjusted for seasonal variations, calculated by STATEC, amounts to 5.7% and therefore continues to decline compared to previous months.

Employment Measures

In June 2021, 1,969 residents registered with ADEM, an increase of 72 people or 3.8% compared to June 2020. 

The number of resident jobseekers assigned to an employment measure stood at 4,597 as of 30 June 2021. Over one year, this constitutes an increase of 653 people, or 16.6%.

Employment Benefit

A total of 8,368 people received full unemployment benefit. Over one year, this represents a decrease of 1,868 people, or 18.2%.

Open Positions

During the month of June 2021, employers declared 3,961 vacant positions to ADEM. Over one year, this constitutes an increase of 31.6%.

As of 30 June 2021, ADEM identified 9,735 available positions in its files. Over one year, the number of available positions has increased by 47.8%. Indicators on job vacancies are reaching or even exceeding pre-health crisis levels.