Labor Force Participation Rate in Germany increased to 62.60 percent in the fourth quarter of 2019 from 62 percent in the third quarter of 2019. source: Eurostat

Labor Force Participation Rate in Germany averaged 59.80 percent from 1998 until 2019, reaching an all time high of 62.60 percent in the fourth quarter of 2019 and a record low of 56.90 percent in the second quarter of 2004. This page provides - Germany Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Labor Force Participation Rate - values, historical data and charts - was last updated on November of 2020.

Labor Force Participation Rate in Germany is expected to be 60.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Germany to stand at 61.00 in 12 months time. In the long-term, the Germany Labor Force Participation Rate is projected to trend around 61.70 percent in 2021 and 62.90 percent in 2022, according to our econometric models.

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Germany Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
62.60 62.00 62.60 56.90 1998 - 2019 percent Quarterly
NSA

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.50 11.50 0.40 percent [+]
Employed Persons 44579.00 44640.00 45244.00 37643.00 Thousand [+]
Unemployed Persons 2759.78 2847.15 5288.25 84.97 Thousand [+]
Unemployment Change -35.00 -10.00 371.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.20 6.30 1.10 percent [+]
Youth Unemployment Rate 6.00 6.10 15.90 5.60 percent [+]
Labour Costs 111.56 117.67 117.67 78.67 points [+]
Productivity 96.80 93.30 106.10 17.00 points [+]
Job Vacancies 602.32 590.73 891.70 57.80 Thousand [+]
Wages 4021.00 4035.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 101.50 102.30 167.80 7.70 points [+]
Wage Growth -4.70 0.40 6.00 -4.70 percent [+]
Minimum Wages 9.35 9.19 9.35 8.50 EUR/Hour [+]
Population 83.20 82.85 83.20 72.54 Million [+]
Retirement Age Women 65.75 65.67 65.75 65.00 [+]
Retirement Age Men 65.75 65.67 65.75 65.00 [+]
Labor Force Participation Rate 62.60 62.00 62.60 56.90 percent [+]
Part Time Employment 11138.90 11230.10 11230.90 6330.60 Thousand [+]
Employment Change -1.40 0.00 0.90 -1.40 percent [+]
Employment Rate 75.80 75.80 77.00 63.60 percent [+]
Full Time Employment 30459.60 29922.00 30459.60 26748.40 Thousand [+]