Short-time work in Luxembourg: evidence from a firm survey

Journal for Labour Market Research

Table 4 Use of STW and its costs

Period	Number of employees effectively affected^a	Working hours effectively lost	Share of affected jobs saved^b	Estimated jobs saved^b		Direct annual budgetary costs
Period	Number of employees effectively affected^a	Working hours effectively lost	Share of affected jobs saved^b	Number	Pct. of employment	Cost (EUR million)	per job saved (EUR)	per hour lost (EUR)
2008	385		24.9	96	0.03	2.65	27,633
2009	6998	3,881,860	24.9	1744	0.53	61.51	35,268	15.8
2010	2641	1,380,336	19.8	524	0.16	22.48	42,926	16.3
2011	1313	869,969	19.8	260	0.07	15.60	59,932	17.9
2012	2478	1,585,717	19.8	491	0.14	28.71	58,415	18.1
2013	1623	1,168,862	19.8	322	0.09	21.29	66,127	18.2
Peak use in the two subperiods
May 2009	9630	441,002	24.9	2400	0.73
March 2010	4644	201,809	19.8	921	0.28

Comité de conjuncture for the number of employees affected and hours lost and annual activity reports of the Ministry of Labour for the budgetary costs
^aAnnual average of monthly number of employees affected
^bSurvey data or survey-based estimates