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Job Market Overview: Employment Statistics in Luxembourg
Understanding Luxembourg's job market is crucial for both job seekers and employers. The country's current employment indicators show:
Key Metric | Current Status |
---|---|
Total Population | 634.814 residents |
Employment Rate | 65.7% (below OECD average) |
Unemployment Rate | 5.7% (moderately competitive market) |
Workforce Size | 417.073 active workers |
These Luxembourg employment statistics reveal a balanced labor market where candidates should highlight specialized skills. The 65.7% employment rate suggests moderate job availability across sectors.
Living & Working in Luxembourg: Economic Insights
Before relocating or applying for jobs in Luxembourg, consider these key economic factors:
Economic Indicator | Value | Comparison to U.S. |
---|---|---|
Average Monthly Salary | 5.872,11 USD | 130% of U.S. average (similar) |
Purchasing Power | 100.5 | strong compared to U.S. (100) |
With 100.5 purchasing power, salaries in Luxembourg provide comfortable living standards. The average monthly salary of 5.872,11 USD is particularly attractive in the Finance sector.
Top Industries & Job Opportunities in LU
Luxembourg's thriving job market spans these key sectors:
Leading Industry | Finance (growing at 5% annually) |
Emerging Sector | Manufacturing (25% of workforce) |
Service Sector | Banking, Financial Services (60% of GDP) |
Major Employers | ArcelorMittal, SES S.A., Post Luxembourg (hiring year-round) |
Job seekers should focus on Finance for the most opportunities, while Manufacturing offers growth potential. Major companies like ArcelorMittal, SES S.A., Post Luxembourg frequently post openings for skilled professionals.
CityJobs bridges the gap between job seekers and employers in Luxembourg, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Luxembourg?
With a population of 634,814 and an employment rate of 65.7%, Luxembourg offers a growing job market. The unemployment rate currently stands at 5.7%.
2. Which are the top companies in Luxembourg?
The leading employers in Luxembourg include ArcelorMittal, SES S.A., Post Luxembourg. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Luxembourg?
The purchasing power ratio in Luxembourg is 100.5, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Luxembourg?
Search our listings filtered for Luxembourg. Focus on industries where ArcelorMittal, SES S.A., Post Luxembourg are active, and consider that the 65.7% employment rate suggests moderate competition for positions.
5. What should I know about working in Luxembourg?
With ArcelorMittal, SES S.A., Post Luxembourg as major employers, the job market tends to favor Manufacturing and Banking, Financial Services.