The pandemic primarily took a toll on the income of employees in the hospitality sector. 56% of employees in the Horeca sector had their income negatively affected by the virus crisis. The percentage of employees recording blows to their income is also comparatively high in the trade, manufacturing, and construction sectors.
Mainly younger people aged 18-24 and individuals aged 45-54 are affected by the economic consequences. Many younger employees were laid off. Older employees meanwhile witnessed smaller incomes or revenue if they are self-employed.
The Statec report also found that 58% of Luxembourg's residents spent less than 16% of their income during the lockdown. Around 26% did not change their spending habits.
Statec also analysed the general well-being of Luxembourg's residents during the lockdown. The statistics service for instance took into account whether the respondents were living in a house (62%), or an apartment (38%). 10% of the respondents said they did not have access to a balcony, terrace, or garden.
Geographical location played a key role in this context. 80% of respondents living in northern Luxembourg said they lived in a house during the lockdown. In Luxembourg City, this percentage only amounted to 30%.
Social isolation also played a role. 17% of the respondents said they spent the lockdown alone. The majority of them (71%) are over 65 years old.
