The number of available resident jobseekers registered with the ADEM employment agency in Luxembourg remained stable in November, up just 1% over one month.
As of 30 November 2020, the number of available resident jobseekers registered with the ADEM was 18,159. Compared with Octobber 2020, this represents an increase of 188 individuals, or 1%. Over one year, the number of jobseekers increased by 2,808 people, or 18.3%. After a sudden rise in unemployment in March and April and a decline observed from May, the situation remains stable at present.
In November 2020, 2,459 residents registered with the ADEM, representing an increase of 26 people or 1.1% compared to the previous year. This marked the first time since March this year that the number of registrations increased (year-on-year). This rise in unemployment, observed over one year, was mainly explained by a decline in people going into employment rather than an increase in registrations. From March to November 2020, registrations fell by 4% compared to the same period last year. At the same time, the number of closed files fell by 17%.
The number of resident job seekers receiving full unemployment benefits increased by 1,774 or 22.6% over one year, reaching 9,631. The number of beneficiaries of unemployment measures stood at 4,112, which is below the level observed in November 2019 (a decrease of 165 people or 3.9%).
During the month of November 2020, employers declared 2,539 vacancies to the ADEM, which corresponds to a decrease of 10% compared to November 2019. As of 30 November 2020, the ADEM listed 6,567 vacancies in its database, a drop of 7.5% over one year.
The seasonally adjusted unemployment rate, calculated by STATEC, remained unchanged from the previous month, at 6.3%.