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Luxembourg - LABOUR MARKET


Labour market indicators


Unemployment rate in 2004 : 4,8% (ILO data)


Working population:

Year Total Population Working population Activity rate
2004
450 000  
187 803  
42%  
Source: World Bank


Employment by sector:

Year
Agriculture
Industry
Services
2004  
1.4%  
21.8%  
76.9%  
Sources: ILO, Eurostat, last available data


Employment contracts


Employment contracts are regulated by law. Collective agreements and individual negotiations complement it.
The terms of the employment contracts are very rigid.


Salaries


National monthly minimum wage as of 01/01/2003 : 1,362 euros

Average wage for a wage earner in the manufacturing industry in 2001 : 12.62 euros by  hour (ILO data)


Social security contributions


Employer: 14 %.

Employee: 10.7 %.



Number of hours



Legal definition of full time work (per week): 39 hours


Retirement age:


65


Unions


Average rate of union membership: 65 %.

Unions: N/A.


Useful links


For further informations on the labour market, check out the following web sites:

- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets

- NATLEX : ILO database on national labour laws

- Ministry of Labour

- Federation des Industriels Luxembourgeois (FEDIL)


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Last modified in January 2006
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