of Young People Facing Unemployment
On the occasion of the
International Youth Day that took place on August 12th of this year,
the STATEC published a Report on the Situation of Young People on
the Job Market in Luxembourg.
The Report of the STATEC (the Luxembourg Office for Statistics and
Economic Studies) reveals that the unemployment rate for young
people aged 15 to 29 is about 5 % in Luxembourg.
This figure shows that young people are not more affected by
unemployment than the rest of the working population in Luxembourg
and that they are above all in a better position than all their
European colleagues whose unemployment rate amounts to 17 %.
Nearly half of the young people in this age bracket go to school, 44
% have a job and 2 % care for their family.
Women and foreigners are especially affected
The women as well as the foreign residents, who constitute nearly a
third of the young people, are more affected by unemployment than
men of Luxembourgish citizenship. But it appears also that women
attend school more often.
The high employment rate for foreign residents is linked to their
low qualification, as it happens in particular to young Portuguese
who constitute by far the largest foreign community in Luxembourg.
However, the foreign residents represent also nearly half of the
young people who have finished successfully university studies
Less than 6 months to find a job
It is interesting to notice that on average half of the young people
need less than six months to find their first job and 27 % need one
year or more. In 2006, 33 % of the young people between 15 and 24
were under a fixed-term contract, against 42 % of people in Europe
and 6 % of the total working population (15 - 64 years).
Very often the young people find themselves in the same professions
or business sectors as their parents did. The children in
Luxembourgish households tend to end up in the public or semi-public
sector. Those with Belgian, German or French origin find themselves
in the sectors “financial intermediation” and “real estate, lease
and services to companies”. As far as young people of Portuguese or
Italian descent are concerned, they will work more often in the
building sector or in the trade and repairing business.
The diploma is important
The survey stresses also the education level of young people. The
more diplomas they have, the better is their chance to find a job
quickly. Nearly a quarter of the young people aged 15 to 29 who have
a job, also have a postsecondary diploma. And yet, when the Minister
of Labour, François Biltgen, presented the Report, he stressed that
55 % of all the new jobs created in Luxembourg in 2006 had required
a university degree.
Which led him to the following statement: “This clearly demonstrates
that the fears of young people to end up unemployed despite having a
degree are unfounded. The diploma, however, is crucial to find a
*Source: Rapport Statec, Les jeunes face
au marché du travail (only available in French)
English version: Robert Mouris
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