While international trade is still suffering from supply chain disruptions, the movement of people has rapidly taken off again after then pandemic. According to the report “Brain gain or drain? How shifts in international job search are accelerating global competition for talent” by Indeed Hiring Lab, the activity of internationally mobile jobseekers is on the verge of returning to pre-crisis levels.

Luxembourg most attractive to international jobseekers

Not surprisingly, the study finds that high-income countries attract most jobseekers. Countries with strong labour markets, where the number of job postings have recovered quickly from the pandemic, have also increased their attractiveness.

Luxembourg, Switzerland, the UK, Germany and Ireland have the highest net interest score that takes into account each country’s importance as a destination among international jobseekers, as well as the propensity of jobseekers based in that country to search abroad. Countries with a high number of post-pandemic job postings — including Denmark, Luxembourg and the UK — have improved their net interest scores in part because domestic jobseekers have become less likely to search for jobs abroad.

Brain gain, not brain drain

While most European countries have a negative interest score, i.e. more outbound than inbound job searches, Luxembourg is the biggest net importer of candidates and is, together with Switzerland and the UK, well ahead in the “brain gain” competition. On Indeed’s site, 74% of all Luxembourg-related job searches were inbound from international job seekers, which only 32% of searches conducted by jobseekers in Luxembourg were outgoing.

Read more

Serveto expands its European presence with new subsidiary in Luxembourg


Earlier this year, Serveto incorporated a subsidiary in Luxembourg. With almost 70 years of expertise in providing versatile logistics solutions across Europe, it now also prides itself in being the first Spanish transporter to acquire and register trucks in the Grand Duchy.
Read more

EU innovation performance continues to improve


In the 2023 edition of the EU’s Innovation Scoreboard, Luxembourg maintains its position as a strong innovator performing above the EU average with a score of 117.2% and with a 1% improvement compared to 2022. The country is placed in the category of strong innovators.
Read more

Luxembourg among the world's top 20 most liveable cities


In the 2023 edition of the Global Liveability Index of the most liveable cities, Luxembourg came out 19th worldwide and 8th within the European cities cited.
Read more

ESRIC Start-up Support Programme welcomes the five new ventures


Launched in 2021, the Luxembourg-based Start-up Support Programme is the first worldwide incubation programme, entirely dedicated to the field of space resources utilisation.
Read more

“Luxembourg exceeds my expectations”


Korean start-up Posture AI addresses a common health problem: backpain. After developing its artificial intelligence solution using smart posture devices from its base in South Korea, the company has now chosen Luxembourg as its base for targeting the European market and moving forward with the data dimension of its products and services.
Read more

Resources all news