Evolution of the unemployment rate in January 2023

The number of available resident jobseekers registered with the ADEM was 15,801 on 31 January 2023, an increase of 331 persons (or -2.1%) compared to January 2023. The number of jobseekers is increasing for all vacancy durations except for those with a registration period of more than 12 months.

The seasonally adjusted unemployment rate calculated by STATEC was 4.9%, slightly higher than the previous month (4.8%).

The number of new registrations of job seekers is on the rise. In fact, 2,893 residents registered with the ADEM in January 2023. This is an increase of 534 people, or 22.6%, compared to January 2022. It should be noted that this month's new registrations include 90 registrations of beneficiaries of temporary protection (refugees from Ukraine).

The number of resident jobseekers receiving full unemployment benefits increased by 370 people or 4.9% year-on-year to 7,961. The number of people receiving an employment measure stands at 4 107 and is below the level observed in January 2022 (-191 people, or 4.4%).

In January 2023, employers reported 4,266 vacancies to ADEM, an increase of 4.5% compared to January 2022. The number of vacancies at 31 January 2023 is 10,988. The year-on-year increase is 2.0%.

Press release by the National Employment Agency (ADEM)