Luxembourgian Job Search

 

Luxembourgeois, French and German languages have official status. Only one out of four people at work are of Luxembourg origin. One third are cross border workers from either Belgium, France or Germany. The rest are mainly immigrants of other EU nationalities.

Luxembourg Basic Data

Background: Founded in 963, Luxembourg became a grand duchy in 1815 and an independent state under the Netherlands. It lost more than half of its territory to Belgium in 1839, but gained a larger measure of autonomy. Full independence was attained in 1867. Overrun by Germany in both World Wars, it ended its neutrality in 1948 when it entered into the Benelux Customs Union and when it joined NATO the following year. In 1957, Luxembourg became one of the six founding countries of the European Economic Community (later the European Union) and in 1999 it joined the euro currency area.

Capital: Luxembourg

Climate: modified continental with mild winters, cool summers

Ethnic groups: Celtic base (with French and German blend), Portuguese, Italian, Slavs (from Montenegro, Albania and Kosovo) and European (guest and resident workers)

Languages: Luxembourgish (national language), German (administrative language), French (administrative language)

Economy - overview: This stable, high-income economy features solid growth, low inflation, and low unemployment. The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, rubber, and other products. Growth in the financial sector, which now accounts for about 22% of GDP, has more than compensated for the decline in steel. Most banks are foreign-owned and have extensive foreign dealings. Agriculture is based on small family-owned farms. The economy depends on foreign and trans-border workers for more than 30% of its labor force. Although Luxembourg, like all EU members, has suffered from the global economic slump, the country has maintained a fairly strong growth rate and enjoys an extraordinarily high standard of living.

Labor force - by occupation: services 90.1%, industry 8%, agriculture 1.9% (1999 est.)

Unemployment rate: 4.1% (2002 est.)

Natural resources: iron ore (no longer exploited), arable land

Industries: banking, iron and steel, food processing, chemicals, metal products, engineering, tires, glass, aluminum

Currency: euro (EUR)

Exchange rates: euros per US dollar - 1.06 (2002), 1.12 (2001), 1.09 (2000), 0.94 (1999)

Internet country code: .lu

Luxembourgian Job Search Info

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