In Luxembourg, the number of unemployed people has reached 19,431
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According to ADEM, the number of registered unemployed residents in Luxembourg was 19,431 on 31 January 2025, an increase of 1,114 (6.1%) compared to January 2024. The increase is particularly notable among the long-term unemployed (registered for more than 7 months), persons over 30 years of age, and highly qualified professionals with higher education.
Despite an increase in the number of unemployed, the seasonally adjusted unemployment rate fell to 5.8 per cent, according to STATEC. This indicates a certain stabilisation of the labour market, despite an increase in the number of long-term unemployed.
In January 2025, new ADEM applications from residents totalled 3,319, a 0.9 per cent decrease on last January. This indicates a slight decrease in the inflow of new unemployed workers.
The largest increases in unemployment are found among IT professionals (ROME category M18), transport (N41), cookery production (G16), banking (C12) and accounting (M12). This underscores changes in labour market demand, which may be related to digital transformation and economic fluctuations.
The number of recipients of full unemployment compensation increased by 8.4% (by 916 persons) over the year to reach 11,837 as of 31 January 2025. This indicates a more difficult employment situation, especially for highly qualified specialists.
At the same time, 4,332 people participated in employment support programmes, which corresponds to the level of January 2024. This indicates the stability of support measures in the labour market.
Employers advertised 3,426 job openings in January 2025, up 14.6 per cent from January 2024. However, the total number of available jobs at the end of the month was 6,545, down 6 per cent from a year ago.
The main decrease in demand was observed in the fields of accounting (M12), information technology (M18), banking (C12) and logistics (N11). This may indicate a restructuring of economic processes and a change in the structure of labour demand.
Luxembourg's labour market remains quite dynamic, but the growing number of highly skilled unemployed indicates the need to review employment and training policies. This is particularly relevant for the IT, banking and accounting sectors, where the skills requirements of employees are changing rapidly.
