On Friday 20 January 2023, Luxembourg's unemployment agency, ADEM, published statistics on unemployment figures as at 31 December 2022.

The new figures show that there are fewer people signing on, looking for work; nevertheless, there has also been a drop in the number of job openings published in December.

The number of available resident jobseekers registered with ADEM amounted to 15,760 as of 31 December 2022, down by 643 people (i.e. -3.9%) compared to December 2021. The number of people seeking employment is overall in decline for those registered for 12+ months with ADEM. Comparing the number of job seekers in November 2022, however, there is an increase of 1,138 people (i.e. +7.8%). This increase mainly concerns people over 45 years of age.

The unemployment rate, adjusted for seasonal variations, calculated by STATEC, is 4.8%.

The number of new registrations of job seekers is on the decline. A total of 2,182 residents registered with ADEM during the month of December 2022, a drop of 78 people (3.5%) compared to December 2021. Note: new registrations for this month include 87 registrations of beneficiaries of temporary protection (refugees from Ukraine).

The number of resident job seekers receiving full unemployment benefit fell by 55 people or 0.7% over one year, to 7,674. The number of beneficiaries of other measures stood at 4,008 and is below the level observed in December 2021 (-217 people, or 5.1%).

During the month of December 2022, employers declared 2,679 vacant positions to ADEM, which corresponds to a drop of 17.8% compared to December 2021. The number of available positions stood at 10,925 as of 31 December 2022. The increase over one year is 6.9%.