German Jobless Rate Flat at Four-Decade Low

Germany's seasonally adjusted harmonised unemployment rate stood at a 39-year low of 3.1 percent in September 2019, as the number of unemployed and employed was unchanged.
Destatis | Rida Husna | rida@tradingeconomics.com 10/30/2019 9:46:23 AM
The number of unemployed people was unchanged at 1.32 million in September and employment held steady at 41.98 million.

Compared with September 2018, unemployment fell by 9 percent from 1.45 million and the number of employed rose by 0.4 percent from 41.81 million.

Youth unemployment rate, measuring job-seekers under 25 years old, was also stable at 5.9 percent in September.

Separate data from the Labour Office showed that the seasonally adjusted number of unemployed rose by 6 thousand from a month earlier to 2.287 million in October 2019, above market expectations of a 2 thousand increase. The jobless rate was unchanged at 5 percent, remaining close to the lowest since German reunification in 1990.

German Jobless Rate Flat at Four-Decade Low