Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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55 February, 2021 Luxembourg Total Workforce (000s) Q3 '20 316 Unemployed Workers (000s) 20 Unemployment Rate 6.4% Youth Unemployment Rate 22.3% 101 171 56 31 233 34 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 157 156 157 154 155 6.0% 5.7% 6.5% 6.7% 7.4% 133 133 133 137 136 5.7% 5.9% 6.0% 5.9% 8.4% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 65.6% 65.2% 64.7% 63.5% 64.6% 56.0% 56.1% 55.2% 56.9% 57.9% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Participation Rate Female Participation Rate Almost half the population of Luxembourg is foreign born. 82K have emigrated. The unemployment gap between foreign born and native born populations was 2.7 percentage points in 2019. 91% of the population live in urban areas. More than 630 Covid-19 deaths. Residents from the EU/Schengen areas and a list of low risk countries are permitted with some exemptions. Covid-19 tests are required. Non-essential shops are open with some restrictions. Bars and restaurants are closed. Schools are open. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands Key Sources: https://www.ilo.org/ https://data.worldbank.org/ https://migrationdataportal.org/ https://www.un.org/development/desa/pd/ https://vivoclinic.com/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html

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