Credit: STATEC
According to ADEM, Luxembourg's unemployment agency, and the national statistics agency, Statec, the total number of people working in Luxembourg crossed the 500,000 mark for the first time in March 2022.
The number of resident jobseekers available for work as of 31 march 2022, according to ADEM, stood at 14,576; over one year, this represents a decrease of 4,113 people, or 22.0%.
The unemployment rate, adjusted for seasonal variations, calculated by STATEC, dropped to 4.7%.
Figures were down for all categories of jobseekers, including those who had been registered with ADEM for more than twelve months. However, the long-term unemployed still represented 48.7% of all available resident jobseekers.
The number of new registrations remained relatively low in March 2022. A total of 2,394 residents registered with ADEM during the month in question, an increase of 99 people (or 4.3%) compared to March 2021.
The number of resident jobseekers receiving full unemployment benefit fell by 2,512 or 25.5% over one year, to 7,330.
The number of resident jobseekers assigned to an employment measure stood at 4,298 as of 28 February 2022. Over one year, this constitutes an increase of 162 people, or 3.9%.
During the month of March 2022, employers declared 5,263 vacancies to ADEM, which corresponds to an increase of 34.6% over one year. The total number of positions available at the end of March 2022 stood at 11,991 (up 49.1% compared to the previous year).
