18,293 jobseekers and a stable unemployment rate of 5.8%
The number of resident jobseekers registered with ADEM stood at 18,293 on October 31, 2024, an increase of 1,366 individuals (or 8.1%) compared to October 2023. This rise in job seekers was observed across all durations of unemployment.
The most significant increases were seen among highly qualified jobseekers (holders of higher education degrees) and individuals aged 30 to 44 years. In terms of occupations, the largest increases occurred in road transport operations (ROME category N41), culinary production (G16), IT (M18), and construction finishing trades (F16).
The seasonally adjusted unemployment rate, calculated by STATEC, remained stable at 5.8%.
The number of new jobseeker registrations remained also relatively stable. In October 2024, 3,210 residents registered with ADEM, a negligible increase of 27 individuals or 0.8% compared to October 2023. It is worth noting that these new registrations included 81 individuals benefiting from temporary protection (refugees from Ukraine).
The number of resident jobseekers receiving full unemployment benefits increased by 1,319 individuals or 14.6% year-on-year, reaching 10,375 as of October 31. The number of beneficiaries of employment measures stood at 4,494, an increase of 6.3% compared to October 2023.
In October 2024, employers reported 3,170 job vacancies to ADEM, a slight increase of 2.6% compared to October 2023.
The total number of available positions at the end of the month was 6,698 as of October 31,2024, representing a year-on-year decrease of 21.9%. This decline mainly affected occupations in accounting and management (ROME category M12), IT (M18), legal professions (K19), and the financial sector (C).
It is worth highlighting that while the overall stock of vacant positions is declining, the number of newly declared job openings is increasing. This shift is attributed to a reduction in the average time job offers remain open. Since September 2023, this trend has aligned with the implementation of a new law designed to address the shortage of qualified labor. The law has streamlined the process for closing job offers, particularly those aimed at recruiting third-country nationals.
Professions such as accounting, IT, legal services, and finance have been particularly impacted by these expedited closures, leading to a marked reduction in the number of vacant positions in these sectors.
1. Jobseekers
Jobseekers registered with ADEM can be classified in different categories depending on whether they live in Luxembourg or not, whether they are immediately available for work or whether they are assigned to an employment measure.
Interactive dashboard on jobseekers - in French (desktop version)
The dashboards allow an interactive search and the combination of different indicators. For example, different characteristics such as age, gender, level of education, place of residence or duration of unemployment can be combined.
2. Recipients of unemployment benefits
Some of the jobseekers registered with ADEM receive unemployment benefits or a transitional occupational allowance.
Interactive dashboard on recipients of unemployment benefits – in French (desktop version)
3. Job offers
According to article L. 622-4 of the Labour Code, employers in Luxembourg are obliged to declare every job vacancy to ADEM.
With the help of this interactive dashboard, you can follow the evolution of job notifications by economic sector (NACE code) and by occupation sought (ROME reference system).
Interactive dashboard on job vacancies - in French (desktop version)
4. Labour market indicators
STATEC calculates the unemployment rate, domestic employment and national employment in Luxembourg on a monthly basis.
Interactive dashboard on labour market indicators – in French (version desktop)