Germany's seasonally adjusted harmonised unemployment stood at 3.2 percent in March 2019, unchanged from an upwardly revised figure in the previous month. It still remained the lowest jobless rate since April 1980, as the number of unemployed fell further while employment rose. 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
2019-01-31 08:55 AM Unemployment Rate 5% 5% 5% 5%
2019-03-01 07:00 AM Unemployment Rate Harmonised 3.2% 3.3% 3.3%
2019-03-29 07:00 AM Unemployment Rate Harmonised 3.1% 3.2% 3.2%
2019-04-30 06:00 AM Unemployment Rate Harmonised 3.2% 3.2% 3.1%
2019-05-29 06:00 AM Unemployment Rate Harmonised 3.2% 3.2%
2019-07-01 06:00 AM Unemployment Rate Harmonised 3.2%
2019-07-31 06:00 AM Unemployment Rate Harmonised 3.2%



German Jobless Rate Holds Steady at 39-Year Low

Germany's seasonally adjusted harmonised unemployment stood at 3.2 percent in March 2019, unchanged from an upwardly revised figure in the previous month. It still remained the lowest jobless rate since April 1980, as the number of unemployed fell further while employment rose.

The number of unemployed people fell 0.7 percent to 1.38 million in March from 1.39 million in February, while employment went up 0.2 percent to 42.07 million from 41.99 million.

Compared with March 2018, unemployment dropped 7.4 percent from 1.49 million people and the number of employed rose 1.1 percent from 41.63 million.

Youth unemployment rate, measuring job-seekers under 25 years old, inched lower to an all-time low of 5.6 percent in March from an upwardly revised 5.7 percent in February.

Separate data from the Labour Office showed that the seasonally adjusted number of unemployed fell by 12 thousand from a month earlier to 2.220 million in April, following a 7 thousand drop in March and compared to market consensus of a 5 thousand decline. The unemployment rate was unchanged at 4.9 percent, the lowest since German reunification in 1990.


Destatis | Rida Husna | rida@tradingeconomics.com
4/30/2019 8:00:25 AM



Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.20 11.50 0.40 percent [+]
Employed Persons 45074.00 45041.00 45074.00 37643.00 Thousand [+]
Unemployed Persons 2228.88 2301.12 5288.25 84.97 Thousand [+]
Unemployment Change -12.00 -7.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.40 1.40 6.30 1.40 percent [+]
Youth Unemployment Rate 5.60 5.70 15.90 5.60 percent [+]
Productivity 99.70 100.10 105.90 17.00 Index Points [+]
Labour Costs 115.62 115.29 115.62 78.67 Index Points [+]
Job Vacancies 795.55 797.46 891.70 57.80 Thousand [+]
Wages 3899.00 3875.00 3899.00 1832.00 EUR/Month [+]
Wages in Manufacturing 115.00 115.00 186.40 7.70 Index Points [+]
Wage Growth 1.40 1.50 2.70 -1.40 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 65.58 65.50 65.58 65.00 [+]
Retirement Age Men 65.58 65.50 65.58 65.00 [+]
Labor Force Participation Rate 61.50 60.90 61.70 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 10920.00 10897.10 10992.70 6330.60 Thousand [+]
Employment Change 0.30 0.20 1.00 -0.80 percent [+]
Employment Rate 76.50 76.30 76.50 63.60 percent [+]
Full Time Employment 29971.90 29382.30 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.20 11.50 0.40 1949 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.70 Mar/19
Italy 10.20 Mar/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.70 Mar/19
Saudi Arabia 6.00 Dec/18
Canada 5.70 Apr/19
Australia 5.20 Apr/19
Indonesia 5.01 Mar/19
Russia 4.70 Mar/19
South Korea 4.10 Apr/19
United Kingdom 3.80 Mar/19
China 3.67 Mar/19
United States 3.60 Apr/19
India 3.53 Dec/18
Netherlands 3.30 Apr/19
Germany 3.20 Mar/19
Mexico 3.20 Mar/19
Japan 2.50 Mar/19
Switzerland 2.40 Apr/19
Singapore 2.20 Mar/19


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