According to Statec, Luxembourg's national statistics office, the unemployment rate, adjusted for seasonal variations now stands at 5.7% and therefore continues to decline compared to previous months.
The number of available resident job seekers registered with ADEM stood at 16,402 as of 30 June 2021. Compared to May 2021, this represents a decrease of 938 people. Compared to June 2020, this represents a decrease of 3,474 people, or 17.5%.
In June 2020, the labour market was still strongly impacted by the aftermath of the health crisis and containment, with an annual increase of 32.2% of job seekers. The current decline can therefore be seen as a backlash. The unemployment rate, adjusted for seasonal variations, calculated by STATEC, now stands at 5.7% and therefore continues to decline compared to previous months.
In June 2021, 1,969 residents registered with ADEM, an increase of 72 people or 3.8% compared to June 2020. In June 2020, the number of registrations was relatively low, following the massive use of short-time work.
The number of resident job-seekers who benefit from full unemployment benefit fell by 1,868 or 18.2% over one year, to 8,368. The number of beneficiaries of a measure stands at 4,597, and is well above the level observed in June 2020 (+653 people, or 16.6%). In June
2020, following confinement and following new health rules, some employment measures were still at a standstill and activity was only resuming timidly.
During the month of June 2021, employers declared 3,961 vacant positions to ADEM, which corresponds to an increase of 31.6% compared to June 2020. 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.
