According to a recent Statec report, job precariousness is top of the list of worries for 25% of Luxembourg residents after the health crisis.
It is primarily people with secondary and university diplomas, people aged 35 to 54 and those who work at home, who are concerned about the impact on their professional careers. One in 16 Luxembourg residents feels uncertain about their future after their work was reduced during the health crisis.
Statec compiled the report on the social and economic impact of Covid-19 on the Grand Duchy, in collaboration with market research institute TNS Ilres.
60% of those who expressed concerns over their job security are currently in employment. A quarter have been placed in partial unemployment due to the coronavirus, while 16% are freelancers or self-employed. There was no gender divide in terms of this concern.
The majority of those worried about their jobs are Luxembourgers, followed by French and Portuguese nationals. Statec drew the conclusion that the size of the participant's home had an effect on their response, as people owning larger houses were more afraid of losing their jobs.
The results of this survey differ greatly from past reports, in which women and those in temporary work expressed more concern over job loss. Generally, a higher level of education indicates a reduced impact on job security, but the latest survey bucks that trend as well. Statec declined to comment on whether these discrepancies were specifically limited to the Grand Duchy or the coronavirus crisis, citing the need for further data.
Alongside job security, the crisis has also had an impact on decreasing income and savings, which in turn impacts employees' mental and physical health. 13% of residents in Luxembourg experienced this, with 15% reporting worsened physical health and 28% saying their mental health had deteriorated.