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The number of resident job seekers decreased by 1 006 people (6 % over 12 months). The rate of unemployed was 5.8%. The decline particularly benefits jobseekers under the age of 30 (-10.5%) and low-skilled jobseekers (-10%).
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According to the Index of Well-Being, the quality of life in Luxembourg remained substantially constant for the period 2009 to 2015. Overall, the evolution is similar to that of GDP: a decrease was recorded from 2010 to 2012, but since it has risen again. However, the rise in Luxembourg Index of Well-Being (LIW) is much slower than that of GDP. The well-being therefore takes longer to recover than economic growth.
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The evolution of the population results above all from migratory flows, which depend mainly on the economic growth of the country. In a new study on the macroeconomic and demographic projections in Luxembourg from 2017 to 2060, STATEC illustrates this link between economic growth and demographic change based on four scenarios.
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STATEC revises down its inflation forecasts compared to those published in August: -0.1 percentage points for 2017 and -0.2 percentage points for 2018. This revision stems mainly from the impact of the new rates for child-care service vouchers, which drags inflation down. Additionally, underlying inflation has evolved less dynamically than anticipated over the last months. The recent climb in oil prices partially counterbalances these impacts.
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Annual inflation up to +1.9%
08-11-2017 | STATEC

18up

In October 2017, the consumer price index, calculated by STATEC, rose by 0.11%. This result is mainly due to a monthly increase of prices for oil products. The other goods and services are almost at a standstill compared to September.
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Trend growth approaching 3%
25-10-2017 | STATEC

After falling in the 1st quarter, GDP bounced back 0.6% in the 2nd quarter of 2017. Year-on-year, it was a steady 3% over the entire 1st half of 2017, comparable with 2015 and 2016 based on the new annual figures.
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The proportion of new entrepreneurs in the population aged 18 to 64 has reached 9.2% in 2016. Luxembourg lies thus above the European average (8.6%). Over the past years, the proportion of new entrepreneurs remained stable at around 9%, this reflects a presence of entrepreneurial spirit in Luxembourg.
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TCS

On the occasion of the International Day for the Eradication of Poverty of 17 October, STATEC reviews the social cohesion of Luxembourg through four dimensions: income, labor, languages and health.
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New STATEC App now available
12-10-2017 | STATEC

repertoire

This new app, which is available on the App Store or Google Play, presents relevant official statistics on the Grand Duchy of Luxembourg.
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repertoire

STATEC just released the newest version (January 2017) of Luxembourg business directory (Répertoire des entreprises luxembourgeoises). It contains information on the economic activities of some 33,733 companies.
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