Luxembourg's unemployment rate held steady at 5.9%, with predictions it will rise to 6% in 2025.

Luxembourg's unemployment rate stayed at 5.9% in December 2024, consistent with the previous two months but up from 5.6% in December 2023. While the number of unemployed slightly decreased to 18,488, the number of jobseekers registered with ADEM rose by 7.3% to 19,532. The job vacancy rate fell by 15.2% to under 6,000. Statec and the OECD predict the unemployment rate to rise to 6% in 2025 before declining.

2 months ago
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