Luxembourg's Economic Committee has granted requests for short-time work (partial unemployment) for 6,140 employees for the month of August 2022.
The Economic Committee met on Wednesday 20 July 2022 to analyse the labour market situation for the month of June 2022 and the national economic situation.
For the month of August 2022, the number of applications submitted for partial unemployment decreased by 76 units compared to the previous month. A total of 59 companies have submitted a request for partial unemployment in order to be able to benefit from the provisions of this measure over the next month.
After analysing the applications submitted, the Economic Committee approved 48 applications, with the final decision on the allocation of this support resting with the Government Council. Among these approved requests, 32 were related to a temporary source while twelve were linked to a structural source, i.e. a job retention plan, and four were related to economic dependence.
The granted requests for the month of August concern 6,140 full-time employees (down from 7,889 in July).
The Economic Committee rejected a new recovery plan but approved a separate request for tax exemption of voluntary severance pay. The latter concerns 50 people.
Finally, the Economic Committee approved one request in relation to the legal provisions in terms of early retirement-adjustment concerning 26 employees. The Committee proposed a rate of participation in the cost of early retirement.
