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Market Update: Luxembourg Jobless Rate Retreats to Pre-Pandemic Low
The seasonally adjusted unemployment rate in Luxembourg decreased to 5.9 percent in May of 2021, from 6.1 percent in the prior month. It was the lowest jobless rate since February of 2020, as the number of unemployed people dropped by 489 to 17,641 while the national employment increased by 1,805 to 282,132. At the same time, the active population expanded by 1,315 to 299,772. source: STATEC, Luxembourg [/s2If]
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