Labour market information

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Luxembourg - National Level

Where are the available workers?

 

Unemployment has risen sharply following confinement. It went from 5.5% of the working population in February to 6.1% in March 2020, especially following the closure of construction sites. Then, new hires of the unemployed (exits to work) fell sharply with the confinement (from 2,500 in February to around 800 in April, pushing unemployment up to 6.9% of the working population. With deconfinement, unemployment fell again (to 6.3% in October), but still remains above its pre-crisis level (5.5% in February). In October 2020, the number of people unemployed is 16% above its February level, ie + 2,650 people. The number of unemployed has particularly increased among men and young people from construction and catering.

 

Job vacancies fell following the crisis (from 8,500 in the first two months of the year to 7,500), bringing the vacancy rate to 1.6% in October, after 1.9% at the start of the year. This decline stems mainly from ICT, followed by business services (which accounted for almost half of job vacancies in 2019) and the hotel and catering industry. Business services, however, with 3,600 job vacancies in October, remain the branch that seeks the most new employees. Between February and June 2020 (latest data available), recruitments fell by 15%. It is especially young people who are concerned (-21% for those under 25 and -20% for those aged 25 to 35). At the same time, the end of contracts fell even further (-19%), indicating much lower turnover in the labor market than before the crisis. This development could be the result of job retention measures, but also of workforce retention on the side of companies or even fear on the side of employees to change jobs in these uncertain times.

 

STATEC economic outlook (note de conjuncture) (Source: Statec NDC02 – December 2020 pp 37-46 –  

Labor market information about Luxembourg is available on the following websites:

Statistics portal: www.statistiques.public.lu

ADEM, Public service and employment website : www.adem.public.lu 

Private job-vacancy websites: www.monster.lu  ;  www.jobs.lu; www.jobfinder.lu ; www.moovijob.com ; www.optioncarriere.lu; www.indeed.lu

Some trustees (eg BDO, etc.) recruiting on behalf of their clients also publish offers.

Websites of associations representing various economic sectors and publishing the contact details of their member companies (see spontaneous applications):

Hotels and restaurants / « HORESCA » : www.horesca.lu/fr/jobs-list

 (Job offers available on the site).

Finance – The Luxembourg Bankers’ Association «ABBL»: www.abbl.lu

Crafts and manual trades « Fédération des artisans » : www.fda.lu

Industry and business services « FEDIL Business Federation Luxembourg »: www.fedil.lu

Wholesale and retail trade and transport « CLC »: www.clc.lu

Temporary work  « Fedil Employment Services, established in 1994 as ‘Union Luxembourgeoise des Entreprises de Travail Intérimaire’ (Luxembourg Association of Temporary Employment Agencies, ULEDI), is the umbrella organisation for temporary employment agencies based in the Grand Duchy of Luxembourg» : www.fes.lu 

 

Text last edited on: 04/2021