More jobs available, unemployment below pre-crisis levels

Unemployment in Luxembourg reached below pre-crisis levels in November Library photo: Matic Zorman / Maison Moderne

Unemployment in Luxembourg reached below pre-crisis levels in November Library photo: Matic Zorman / Maison Moderne

More than 10,000 jobs are available at the Adem employment office, data published on Monday shows, while unemployment at 5.3% is below pre-crisis levels.

During November, employers registered 3,527 jobs with Adem, bringing the number of vacancies to 10,452, a 59% increase compared to the same time last year, the employment office said in a press release.

The most urgently sought profiles for staff include IT, accounting and secretaries.

The number of people registering with Adem for the first time shrank by 8.1% year-on-year to reach 2,260 people last month. But joblessness remained highest among those who have been signed up with Adem for a year or more, who make up 7,807 of the 15,232 jobseekers registered.

The 45+ age group meanwhile struggled more than younger generations to find work. They account for 6,663 jobseekers, down by around 10% compared to last year. However, the under 30s and 30 to 44 age groups saw number shrink by around 20% each.

The number of jobseekers with higher education degrees (3,645) also dropped faster (-18.9%) than that of people with lower secondary (6,802, -15.5%) or upper secondary (4,785, -14.9%) education.

Employment in total grew 3.7% in one year with 496,409 people working in Luxembourg as of the end of November this year. The number of people working and living in the grand duchy grew at a slower pace of 2.8% to reach 286,200.