Credit: STATEC

On Monday 22 May 2023, Luxembourg's employment agency ADEM reported that the number of resident jobseekers available for work as of 30 April 2023 stood at 15,330; the unemployment rate remained stable at 4.9%.

The number of available resident jobseekers registered with ADEM at the end of April 2023 (i.e. 15,330 jobseekers) represented an increase of 1,061 people (+7.4%) over one year (but was similar to the number reported for March 2023). This increase applied to all periods of unemployment, except for people registered with ADEM for more than twelve months.

The unemployment rate, adjusted for seasonal variations, calculated by STATEC, thus remained unchanged from the previous month at 4.9%.

The number of new jobseeker registrations was on the rise: 2,138 residents registered with ADEM in April 2023, an increase of 46 people (+2.2%) compared to April 2022. Among these figures were 52 registrations from beneficiaries of temporary protection (i.e. refugees from Ukraine).

The number of resident jobseekers receiving full unemployment benefit increased by 885 people (+12.3%) over one year, to 8,053.

The number of beneficiaries of an employment measure stood at 4,218 and remained below the level observed in April 2022 (a decrease of 288 people or 6.4%).

During the month of April 2023, employers declared 2,972 vacancies to ADEM, which corresponds to a decrease of 28.1% compared to April 2022. ADEM noted that this decline concerned all sectors of activity, with the exception of manufacturing, transportation, warehousing and education. The total number of available positions stood at 9,936 at the end of April 2023, i.e. a decrease of 21.7% over one year.