The number of available resident jobseekers registered with ADEM was 20,209 on 31 May 2020. Over one year, this represents an increase of 5,085 people, i.e. 33.6%. The unemployment rate, adjusted for seasonal variations, calculated by STATEC, is 7.0%.
The increase in unemployment observed during the month of May is mainly due to a drop in the number of people leaving the ADEM towards the labour market, rather than an increase in new registrations. Indeed, during the month of May2020, ADEM opened 1,678 new registration files from resident jobseekers, a drop of 19.0% compared to May 2019. At the same time, the number of files closed fell from 2,484 in May 2019 to 1,230 in May 2020.
Moreover, ADEM, had to adapt the assistance of jobseekers in May as it is no longer able to physically receive jobseekers at least once a month on an individual basis. These new procedures no longer make it possible to keep the registers of job seekers as accurate as before the crisis, particularly in regard to the closure of files.
The number of resident jobseekers receiving full unemployment benefit increased by 2,765 or 37.1% within one year, to exceed 10,000 people in May 2020.
The number of beneficiaries of an employment measure has decreased by 408 persons or 9.6% compared to May 2019. Due to a lack of employment opportunities, people completing an employment measures will again be among the available resident jobseekers. On the other hand, the number of new employment measures is very small in May due to the COVID-19 pandemic.
During the month of May, employers reported 2,309 job vacancies to ADEM, which corresponds to a decrease of 33.4% compared to May 2019. However, compared to April 2020, the number of reported job vacancies has increased by 414 units or 21.8%.