18,317 jobseekers and an unemployment rate still at 5.5%

The number of available resident job seekers registered with ADEM stood at 18,317 as of January 31, 2024, an increase of 2,516 individuals (or 15.9%) compared to January 2023.

The number of jobseekers has risen for all durations of unemployment. The most qualified jobseekers (those with higher education degrees) as well as young people under 30 experience the largest increases.
In terms of professions, the most significant upward variations concern construction trades (category ROME F), the financial and real estate sector (category C), industry (category H), information technology (category M18), accounting (M12), and sales strategy (M17).

The unemployment rate, adjusted for seasonal variations and calculated by STATEC, stands at 5.5%.

The number of new jobseeker registrations is on the rise. Indeed, 3,147 residents registered with ADEM in January 2024, an increase of 250 individuals or 8.6% compared to January 2023. It is noteworthy that the new registrations this month include 87 registrations of beneficiaries of temporary protection (refugees from Ukraine).

The number of resident jobseekers benefiting from unemployment benefits increased by 2,136 individuals or 26.8% over the year, reaching 10,097 as of January 31, 2024. The number of beneficiaries of an employment measure stands at 4,360, up by 6.2% compared to January 2023.

In January 2024, employers reported 2,226 job vacancies to ADEM, a decrease of 16.9% compared to December 2022. The total number of available positions at the end of the month stood at 6,966 as of January 31, 2024. The decline over the year is 36%. This decrease mainly affects business consulting professions (category ROME M14), secretarial and administrative assistance (category ROME M16), information technology (category M18), transportation and logistics (category N), construction (category F), and hospitality - restaurants, tourism, leisure, and entertainment (category G).

Last update