Labour market information

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Luxembourg - National Level

Short overview of the labour market

 

As at 1 January 2018, Luxembourg had 602 005 inhabitants, including 288 234 foreign nationals. Among the latter, the most numerous are the Portuguese (96 544), French (45 822), Italians (21 962) and Belgians (20 212). There were 43 834 foreign nationals from countries outside the EU.

As at 31 October 2018, the employment situation was as follows:

  • total domestic employment: 460 888, including 198 534 cross-border commuters (43.07%);
  • private-sector employees: 403 149, including 192 301 cross-border commuters;
  • civil servants: 31 039, including 1 448 cross-border commuters;
  • self-employed persons: 26 700, including 4 785 cross-border commuters.

Over the past 12 months, total employment has risen by 3.7%. Cross-border employment has risen by 4.5% (Source: IGSS/CCSS employment scoreboard).

In January 2019, the unemployment rate (seasonally adjusted) stood at 5.1%, which is 0.6 percentage point lower than in January 2018.

The slowdown in employment growth that started in mid-2008 continued into 2009, a year in which employment stagnated. An upturn was observed from 2010, the rate of which varied between quarters and on 31 December 2010 averaged 2.9% annually. Total annual employment growth, which is measured in December of each year, stood at 3.3% in 2011, 2.1% in 2012, 1.7% in 2013, 2.4% in 2014, 2.7% in 2015, 3.5% in 2016 and 3.7% in 2017. In October 2018, total annual employment growth stood at 3.7% (Source: IGSS/CCSS employment scoreboard). The moderate economic growth in recent years is reflected in the limited number of new jobs being created.

As at 1 January 2018, the largest employers (excluding public sector jobs in the national civil service and in Luxembourg City) were, in descending order: 1. POST Luxembourg Group (4 480 employees), 2. CFL group (Société Nationale des Chemins de Fer Luxembourgeois, Luxembourg National Rail Company): 4 260), 3. Cactus group (retail trade: 4 200), 4. ArcelorMittal group (steelmaking: 4 120), 5. Dussmann Luxembourg group (cleaning services: 3 880), 6. BGL BNP Paribas (financial intermediation: 3 660), 7. Goodyear Dunlop Tires Operations SA (manufacture of rubber products: 3 450).


An updated list of the main employers is available on the website of the National Institute of Statistics and Economic Studies of Luxembourg (STATEC): http://www.statistiques.public.lu/fr/entreprises/index.htmlhttp://www.statistiques.public.lu/fr/entreprises/index.html

Employment conditions are attractive, and companies can therefore demand relatively high qualification levels.

 

Text last edited on: 04/2019


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