Long Term Unemployment Rate in Germany remained unchanged at 1.20 percent in the third quarter of 2019 from 1.20 percent in the second quarter of 2019.
Long Term Unemployment Rate in Germany averaged 3.48 percent from 1992 until 2019, reaching an all time high of 6.30 percent in the fourth quarter of 2004 and a record low of 1.20 percent in the second quarter of 2019. This page provides the latest reported value for - Germany Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Eurostat
Long Term Unemployment Rate in Germany is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Germany to stand at 1.20 in 12 months time. In the long-term, the Germany Long Term Unemployment Rate is projected to trend around 1.20 percent in 2020, according to our econometric models.