Luxembourg's Economic Committee has granted requests for short-time work (partial unemployment) for 9,293 employees for the month of March 2023.
The Economic Committee met on Tuesday 21 February 2023, under the chairmanship of Luxembourg's Minister of the Economy, Franz Fayot, and the Minister of Labour, Employment and the Social and Solidarity Economy, Georges Engel, to analyse the labour market situation for the month of January 2023 and the national economic situation.
In February 2023, the number of applications submitted for partial unemployment increased by four units compared to the previous month. A total of 97 companies submitted a request for partial unemployment in order to be able to benefit from the provisions of this measure in March 2023.
After analysing the applications submitted, the Economic Committee approved 79 requests, with the final decision on the allocation of this support resting with the Government Council (Luxembourg's cabinet). Among the approved requests, 59 came from a temporary source and twelve were linked to a structural source, i.e. a job retention plan; eight requests were motivated by economic dependence.
The granted (provisional) requests for the month of March 2023 concern 9,293 full-time employees (up from 8,971 in February 2023).
The next Economic Committee meeting will take place on Tuesday 28 March 2023.
