Statement:
There are more unemployed in Luxembourg than in Panama

In the Unemployment rate rating Luxembourg holds position #83 2021 out of 176 and Panama is #98 out of 176 2021.
Position of Luxembourg is worse than position of Panama.

Referencies:

  1. Unemployment rate 2021 by Unicef
    The countries in the rating sorted by 'Total unemployed' in descending order.
    Luxembourg 'Total unemployed' value is 5.6
    Panama 'Total unemployed' value is 4.7