Unemployment remains stable at the beginning of the year

The number of available resident jobseekers registered with ADEM was 19,882 on 31 January 2021, i.e. more or less the same as in December 2020. Compared to January 2020, this represents an increase of 3,386 people or 20.5%. The unemployment rate, corrected for seasonal variations, calculated by STATEC, is 6.4%, i.e. the same level as in December 2020. After a sudden rise in unemployment in March and April and a decline from May onwards, the unemployment rate has been around 6.3% to 6.4% since August.

In January 2021, 2,700 resident jobseekers registered with ADEM, a decrease of 182 people or 6.3% compared to January 2020. The increase in unemployment is explained above all by a drop in the number of people leaving ADEM towards the labour market rather than an increase in registrations.

The number of resident jobseekers receiving unemployment benefit rose by 1,679 or 20% over one year to 10,066. The number of beneficiaries of employment measures stands at 4,090, below the level observed in January 2020 (-120 persons or -2.9%).

During the month of January 2021, employers reported 2,792 job vacancies to ADEM, which corresponds to a decrease of 36.6% compared to January 2020. However, it should be remembered that the month of January 2020 saw a record level of 4,400 jobs declared. If we compare the month of January 2021 with the months of November and December 2020, the number of declared job vacancies is on the rise. On 31 January 2021, the ADEM counted 6,582 available job vacancies in its files, which is an increase of 4.8% compared to December 2020. Over one year, however, the number of available positions has fallen by 17.8%.

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