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On Tuesday 27 October 2026, Luxembourg’s Ministry of the Economy reported on the latest meeting of the Economic Committee (Comité de conjoncture), during which it analysed the national economic situation and the labour market situation for September 2026.

According to the Ministry of the Economy, the committee met on Tuesday 27 October 2026, under the chairmanship of Luxembourg’s Minister of the Economy, SMEs, Energy and Tourism, Lex Delles, and Minister of Labour, Marc Spautz.

According to the ministry, the committee examined the forecast applications for partial unemployment for November 2026. The number of applications submitted increased by five compared with the previous month. A total of 52 companies submitted a forecast application for the granting of partial unemployment support in order to benefit from the provisions of this measure for the aforementioned month; the final decision on the granting of this support lies with the Government Council.

After reviewing the submitted files, the committee issued a favourable opinion on 48 applications. Of these applications, 27 relate to economic conditions, eight relate to structural reasons, meaning that they are linked to an employment retention plan, seven applications fall under force majeure (insufficient water levels on the Rhine and other waterways) and six applications are justified by a link of economic dependency. The number of employees concerned amounts to 1,990 full-time equivalent (FTE) positions, compared with 1,457 in the previous month.

According to the Committee, these figures are indicative and concern the forecast number of employees affected; they therefore do not represent a concrete indicator of the economic situation. This is why the committee also provides the number of employees who have actually benefited from the measure. This assessment can be carried out three months after the forecast applications submitted in advance. Once a forecast application has received a favourable opinion, companies have two months to submit a statement of the hours actually not worked to ADEM.

Regarding the partial unemployment applications for July 2026, which received a favourable opinion during the June 2026 committee meeting, of the 48 forecast applications that received a favourable opinion, 27 actually made use of partial unemployment. Two files are still currently under review, bringing the number of completed files to 25.

In total, based on these 25 statements, of the 2,647 beneficiaries forecast for July 2026, 980 employees actually experienced partial unemployment, compared with 953 employees in the previous month. In terms of FTEs, 180 FTEs were actually affected by partial unemployment, compared with 184 FTEs in the previous month.

The actual hours of partial unemployment declared for July 2026 amounted to 31,171, compared with 31,792 in the previous month.

The cost for the Employment Fund for July 2026 amounted to €729,340, compared with €714,615 for June 2026.

The Economic Committee then issued a favourable opinion concerning the legal provisions on adjustment early retirement relating to 234 employees. The committee proposed a rate of contribution towards the cost of early retirement.

Moreover, the Economic Committee issued a positive opinion on five applications for tax exemptions on severance and departure payments pursuant to Article 115 (10) L.I.R., concerning 32 employees.

The next meeting of the Economic Committee will take place at 09:00 on Tuesday 24 November 2026.