OECD's 2010 survey of Luxembourg's economy. This edition includes chapters covering recovery from the crisis, achieving sustainable improvements in living standards, making the labour market work better and the Luxembourg financial centre and the crisis.Click to Access:
- 10 May 2010
Making the labour market work better
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Rapid economic growth over the past two decades has substantially increased employment in Luxembourg, which has largely been met by in-flows of cross-border workers and, to a lesser extent, immigration. Unemployment has remained low compared to other European countries. These significant social changes have been absorbed without substantially widening income disparities, facilitated by the generous welfare system made affordable by the strong economy.
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