The seasonally adjusted unemployment rate in Germany inched down to 4.5 percent in February 2021, remaining close to the previous month's five-and-a-half-year high of 4.6 percent, as the number of unemployed went down 0.3 percent to 2.01 million while employment was little-changed at 42.16 million. Still, the number of persons in employment in February 2021 was down by 1.7 percent, or 765,000, on February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Germany. The youth unemployment rate, measuring job-seekers under 25 years old, declined to 6.1 percent from 6.3 percent. source: Federal Statistical Office

Unemployment Rate in Germany averaged 5.52 percent from 1949 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Unemployment Rate in Germany is expected to be 4.80 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 4.20 in 12 months time. In the long-term, the Germany Unemployment Rate is projected to trend around 3.70 percent in 2022 and 3.40 percent in 2023, according to our econometric models.

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Germany Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.60 11.50 0.40 1949 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-02 07:00 AM Unemployment Rate Harmonised Jan 4.6% 4.6% 4.6%
2021-03-02 08:55 AM Unemployment Rate Feb 6% 6% 6% 6%
2021-03-31 06:00 AM Unemployment Rate Harmonised Feb 4.5% 4.6% 4.6%
2021-03-31 07:55 AM Unemployment Rate Mar 6% 6% 6% 6%
2021-04-29 06:00 AM Unemployment Rate Harmonised Mar 4.5%
2021-06-01 05:00 AM Unemployment Rate Harmonised Apr
2021-06-30 06:00 AM Unemployment Rate Harmonised May
2021-07-29 06:00 AM Unemployment Rate Harmonised Jun


News Stream
German Jobless Rate Edges Down to 4.5%
The seasonally adjusted unemployment rate in Germany inched down to 4.5 percent in February 2021, remaining close to the previous month's five-and-a-half-year high of 4.6 percent, as the number of unemployed went down 0.3 percent to 2.01 million while employment was little-changed at 42.16 million. Still, the number of persons in employment in February 2021 was down by 1.7 percent, or 765,000, on February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Germany. The youth unemployment rate, measuring job-seekers under 25 years old, declined to 6.1 percent from 6.3 percent.
2021-03-31
German Jobless Rate Holds Steady at 5-1/2-Year High
The seasonally adjusted unemployment rate in Germany stood at 4.6 percent in January 2021, unchanged from the previous month's five-and-a-half-year high, as the number of unemployed edged up 0.1 percent to 2.02 million and employment advanced by the same margin to 42.18 million. Still, the number of persons in employment in January 2021 was down by 1.6 percent, or 726,000, on February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Germany. Youth unemployment rate, measuring job-seekers under 25 years old, edged down to 6.2 percent from 6.3 percent.
2021-03-02
Germany Jobless Rate at 5-1/2-Year High
The seasonally adjusted unemployment rate in Germany edged up to 4.6 percent in December of 2020 from 4.5 percent in November, the highest level since August of 2015. The number of unemployed was little changed at 2.01 million and employment edged up to 42.17 million. The jobless rate for women was unchanged at 4.6 percent and for men at 4.5 percent. Youth unemployment rate edged down to 6.1 percent from 6.3 percent. Employment decreased by 1.6 percent, or 743,000, on February 2020, the month before restrictions were imposed due to the coronavirus pandemic.
2021-01-29
German Jobless Rate Unchanged for 3rd Month
Germany's seasonally adjusted harmonized unemployment stood at 4.5 percent in November 2020, the same as in each of the previous three months and remaining at the highest level since December 2015. The number of unemployed people was unchanged at 1.98 million while employment was flat at 42.17 million. Youth unemployment rate, measuring job-seekers under 25 years old, inched down 0.1 percentage points to 6.1 percent in November.
2021-01-05

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.