Germany's seasonally adjusted harmonised unemployment stood at 3.1 percent in May 2019, unchanged from a downwardly revised figure in the previous month. The jobless rate remained at its lowest level since March 1980, as the number of unemployed dropped further and employment grew slightly. Unemployment Rate in Germany averaged 5.56 percent from 1949 until 2019, reaching an all time high of 11.50 percent in April of 1950 and a record low of 0.40 percent in March of 1966.

Unemployment Rate in Germany is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Germany to stand at 3.00 in 12 months time. In the long-term, the Germany Unemployment Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

Germany Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-29 06:00 AM Unemployment Rate Harmonised 3.2% 3.2% 3.2%
2019-05-29 07:55 AM Unemployment Rate 5% 4.9% 4.9% 4.9%
2019-07-01 06:00 AM Unemployment Rate Harmonised 3.1% 3.1% 3.2%
2019-07-01 07:55 AM Unemployment Rate 5% 5% 5% 4.9%
2019-07-31 06:00 AM Unemployment Rate Harmonised 3.1% 3.1%
2019-08-29 06:00 AM Unemployment Rate Harmonised 3.2%
2019-09-30 06:00 AM Unemployment Rate Harmonised 3.1%



German Jobless Rate Holds Steady at 39-Year Low

Germany's seasonally adjusted harmonised unemployment stood at 3.1 percent in May 2019, unchanged from a downwardly revised figure in the previous month. The jobless rate remained at its lowest level since March 1980, as the number of unemployed dropped further and employment grew slightly.

The number of unemployed people fell 0.7 percent to 1.35 million in May from 1.36 million in April, while employment edged up 0.1 percent to 42.21 million from 42.17 million.

Compared with May 2018, unemployed people dropped 8.8 percent from 1.48 million and the number of employed rose 1.3 percent from 41.65 million.

Youth unemployment rate, measuring job-seekers under 25 years old, inched lower to a fresh recod low of 5.1 percent in May from 5.2 percent in April.

Separate data from the Labour Office showed that the seasonally adjusted number of unemployed decreased by 1 thousand from a month earlier to 2.281 million in June 2019, following a 60 thousand rise in the previous month and compared to market expectations of 3 thousand fall. The unemployment rate was unchanged at 5.0 percent, remaining close to the lowest since German reunification in 1990.


Destatis | Rida Husna | rida@tradingeconomics.com
7/1/2019 9:55:44 AM



Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.10 3.10 11.50 0.40 percent [+]
Employed Persons 45131.00 45108.00 45131.00 37643.00 Thousand [+]
Unemployed Persons 2216.24 2235.97 5288.25 84.97 Thousand [+]
Unemployment Change -1.00 60.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.30 1.40 6.30 1.30 percent [+]
Youth Unemployment Rate 5.10 5.20 15.90 5.10 percent [+]
Productivity 99.00 99.70 105.90 17.00 Index Points [+]
Labour Costs 116.69 115.73 116.69 78.67 Index Points [+]
Job Vacancies 797.62 791.69 891.70 57.80 Thousand [+]
Wages 3932.00 3938.00 3938.00 1832.00 EUR/Month [+]
Wages in Manufacturing 115.20 115.10 186.40 7.70 Index Points [+]
Wage Growth 1.20 1.40 6.00 -2.70 percent [+]
Minimum Wages 9.19 8.84 9.19 8.50 EUR/Hour [+]
Population 82.85 82.52 82.85 72.54 Million [+]
Retirement Age Women 65.67 65.58 65.67 65.00 [+]
Retirement Age Men 65.67 65.58 65.67 65.00 [+]
Labor Force Participation Rate 61.80 61.50 61.80 56.90 percent [+]
Living Wage Family 1990.00 1960.00 1990.00 1770.00 EUR/Month [+]
Living Wage Individual 1240.00 1210.00 1240.00 1060.00 EUR/Month [+]
Wages Low Skilled 2050.00 2100.00 2100.00 1950.00 EUR/Month [+]
Wages High Skilled 3550.00 3550.00 3550.00 3400.00 EUR/Month [+]
Part Time Employment 10915.80 10920.00 10992.70 6330.60 Thousand [+]
Employment Change 0.30 0.30 1.00 -0.80 percent [+]
Employment Rate 76.30 76.50 76.50 63.60 percent [+]
Full Time Employment 29985.00 29971.90 30031.60 26748.40 Thousand [+]


Germany Unemployment Rate

In Germany, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Germany Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.10 11.50 0.40 1949 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.10 Mar/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 May/19
Indonesia 5.01 Mar/19
Russia 4.50 May/19
South Korea 4.00 Jun/19
United Kingdom 3.80 Apr/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.30 May/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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