Luxembourg had 660.800 inhabitants on January 1, 2023, including 313.400 foreigners. Among the latter, the most numerous are the Portuguese (92.100), the French (49.100), the Italians (24.700) and the Belgians (19.200) and Germans 12.700. There are 67.700 foreign nationals from non-EU countries in Luxembourg.
As of November 30, 2022, the employment situation was as follows:
- Total domestic employment: 516.304 including 227.799 cross-border workers;
- Employees in the private sector: 450.877 including 219.509 cross-border workers;
- Civil servants: 36.044 including 2.324 cross-border workers;
- Self-employed: 29.383, including 5.966 cross-border workers.
The growth rate of total employment is 2.9 % over the past 12 months. For cross-border employment, it rises to 3.2 % (Source: IGSS / CCSS employment dashboard 2 april 2023).
As of March 31, 2023, the unemployment rate (seasonally adjusted) was up to 4.9 % For values similar to this rate, one must go back to the end of 2008 - beginning of 2009.
The number of available resident jobseekers registered with ADEM at 31 March 2023 was 15,332, an increase of 756 people (or 5.2%) compared to March 2022. This number of jobseekers is up for all registration durations except for those whose registration duration is greater than 12 months.
Compared to last month, the number of resident jobseekers is down by 318 persons (- 2.0%).
The seasonally adjusted unemployment rate calculated by STATEC was 4.9%, slightly higher than in the previous month (4.8%).
The number of new jobseeker registrations is on the rise. In fact, 2,526 residents registered with ADEM in March 2023, an increase of 132 people or 5.5% compared to March 2022. It should be noted that this month's new registrations include 82 registrations of beneficiaries of temporary protection (refugees from Ukraine).
The number of resident jobseekers receiving full unemployment benefit rose by 931 people or 11.8% year-on-year to 8,838. The number of people participating in an employment measure stands at 4,265 and is below the level observed in March 2022 (-160 people, or -3.6%).
During March 2023, employers reported 3,938 vacancies to ADEM, a decrease of 25.2% compared to March 2022. This year-over-year drop should be put into perspective, as March 2022 was an exceptional month in terms of reported vacancies. Compared to the previous month (3,389), the number of jobs reported is up.
As of January 1, 2022 the largest employers (excluding public employment - state and city of Luxembourg) were in descending order: 1. The CFL group (Luxembourg railways: 4710) 2. The Post Luxembourg Group (4540 employees), 3. The Cactus group (Trade: 4440), 4. The Dussmann Luxembourg group (Cleaning activities: 4420), 5. Amazon.com (3960) 6. BGL BNP Paribas (Monetary intermediation 3940), 7. Goodyear Dunlop Tires Operations SA, Manufacture of rubber products (3490), 8. The Mittal-Arcelor group (Iron and steel industry: 3460), 9. Pricewaterhousecoopers (3040), 10. Luxair (2850)
An up-to-date list of the main employers is available on the website of the National Institute of Statistics an Economic Studies of Luxembourg STATEC: https://statistiques.public.lu/en.html
The employment conditions are attractive and companies can therefore demand relatively high levels of qualification.
Ministry of Labour, Employment and the Social and Solidarity Economy
List of main employers
Publications from the statistics portal
In 2023 the Top10 of jobs declared at the national PES:
1). IT (developer,engineering, etc.)
4). Accounting and financial audit and control
5). Kitchen aid
6). Credit analysis and banking risks
7). Catering services
8). Defense and legal advice
9). Consulting and project management in information systems
10). Financial analysis and engineering
Employment also tends to slow down in Luxembourg
In Luxembourg, job creations remained relatively high in Q3 2022 (employment increasing by 0.7% over one quarter), but the trend is slowing (+0.9% in Q1, +0.8%in Q2, see graph 4.3).
This inflection during the summer was mainly due to business services, whose quarterly growth fell from 1.4% in Q2 to 0.8% in Q3. It stems in particular from a slowdown in head office activities; management consulting (from +1.9% over one month in January 2022 to +0.0% in August) and a drop in employment in building cleaning in summer, but also in accommodation and food service activities, transport, ICT, construction and the financial sector. Personal services show the most sustained employment growth in Q3 (+1.5%), followed by education (+1.4%) and the branch comprising “arts, entertainment and recreational activities” (+1.2%).
As traditionally observed when the economic climate deteriorates, the slowdown in employment is more marked for cross-border workers, it fell from a quarterly increase of 1.3% in Q4 2021 to 0.7% in Q3 2022. National employment (i.e. residents) has remained rather stable over the last quarters (around +0.6% per quarter).
Specific information on the qualifications offered in certain sectors is available on the following website, which allows you to download various brochures on the qualifications of tomorrow in industry, construction and public works and in the field of ICT (Information and Communication Technologies).
Unemployment remains low, but has resumed an upward trend.
In Luxembourg, unemployment is at the moment only increasing slightly (from 4.7% of the labour force in March 2022 to 4.9% in March 2023) and remains at a historically low level, but the upward trend should become more pronounced in the coming months. In addition, while unemployment had stabilised in the spring under the effect of registrations of Ukrainian refugees, the increase in the last two months is mainly due to other categories. In particular, people younger than 30 and with an upper secondary level of education, of Luxembourgish or Portuguese nationality, contribute most to this increase.
While new registrations have increased since the start of the year, the number of long-term unemployed (registered for more than 12 months) continued to decline in September, a trend that began at the start of 2021. However, despite this continuous decline, this group still represents almost half of the unemployed registered with ADEM.
Employment programmes, which employed approximately 4,200 people in 2019, dropped to 3,600 people in April 2020, due to lockdowns, to rise again to more than 4,500 people in September 2021 (historic record) and have resumed a downward trend since. Accounting for more than 2,000 persons, special measures managed by non-profit associations remain in the majority. Reintegration contracts experienced the largest increase over the first nine months of the year, while training, employment initiation contracts and employment support contracts contributed the most to the decline in employment measures. Despite this decline, the unemployment rate augmented by beneficiaries of employment programmes also rose in September (to 6.2%, against 6.1% in August).
The use of short-time work fell sharply during the course of 2022. In July 2022, only 0.1% of employees (i.e. about 500 people in full-time equivalent – FTE) took advantage of this system. Industry is, in July 2022, (almost) the only affected sector, with 1.4% of employees on short-time work (in FTE), followed by transport and storage services (0.1% in FTE). However, requests from industry have increased over the last few months, and even if some have potentially been introduced preventively, the workforce concerned could represent 1.7% of paid employment at most.
STATEC economic outlook (note de conjuncture) (Source: Statec NDC02 – December 2022)
Labor market information about Luxembourg is available on the following websites:
The powerful career platform for talents and Luxembourg employers: https://work-in-luxembourg.lu/luxembourg-labour-market
Statistics portal:www.statistiques.public.lu :
ADEM, Public service and employment website : www.adem.public.lu
Some trustees (eg BDO, etc.) recruiting on behalf of their clients also publish offers.
Websites of associations representing various economic sectors and publishing the contact details of their member companies (see spontaneous applications):
Hotels and restaurants / « HORESCA » : www.horesca.lu/fr/jobs-list
(Job offers available on the site).
Finance – The Luxembourg Bankers’ Association «ABBL»: www.abbl.lu
Crafts and manual trades « Fédération des artisans » : www.fda.lu
Industry and business services « FEDIL Business Federation Luxembourg »: www.fedil.lu
Wholesale and retail trade and transport « CLC »: www.clc.lu
Temporary work « Fedil Employment Services, established in 1994 as ‘Union Luxembourgeoise des Entreprises de Travail Intérimaire’ (Luxembourg Association of Temporary Employment Agencies, ULEDI), is the umbrella organisation for temporary employment agencies based in the Grand Duchy of Luxembourg» : www.fes.lu