Germany's seasonally adjusted harmonized unemployment rate edged up to 3.9 percent in May 2020 from an upwardly revised 3.8 percent a month earlier. This was the highest jobless rate since March 2017, as the number of unemployed rose by 3 percent from the previous month to 1.73 million while employment fell 0.1 percent to 42.59 million. Youth unemployment rate, measuring job-seekers under 25 years old, was unchanged at 5.4 percent in May.

Unemployment Rate in Germany averaged 5.53 percent from 1949 until 2020, 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 July of 2020. source: Federal Statistical Office

Unemployment Rate in Germany is expected to be 4.50 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 4.00 in 12 months time. In the long-term, the Germany Unemployment Rate is projected to trend around 3.60 percent in 2021 and 3.40 percent in 2022, according to our econometric models.

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Germany Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.80 11.50 0.40 1949 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-03 05:00 AM Unemployment Rate Harmonised Apr 3.5% 3.5% 4.2%
2020-06-03 07:55 AM Unemployment Rate May 6.3% 5.8% 6.2% 6.5%
2020-07-01 06:00 AM Unemployment Rate Harmonised May 3.9% 3.8% 3.8%
2020-07-01 07:55 AM Unemployment Rate Jun 6.4% 6.3% 6.6% 6.6%
2020-07-30 06:00 AM Unemployment Rate Harmonised Jun 3.9% 4.2%
2020-07-30 07:55 AM Unemployment Rate Jul 6.4% 6.6%
2020-09-01 06:00 AM Unemployment Rate Harmonised Jul
2020-09-01 07:55 AM Unemployment Rate Aug


News Stream
German Jobless Rate Highest in Over 3 Years
Germany's seasonally adjusted harmonized unemployment rate edged up to 3.9 percent in May 2020 from an upwardly revised 3.8 percent a month earlier. This was the highest jobless rate since March 2017, as the number of unemployed rose by 3 percent from the previous month to 1.73 million while employment fell 0.1 percent to 42.59 million. Youth unemployment rate, measuring job-seekers under 25 years old, was unchanged at 5.4 percent in May.
2020-07-01
German Jobless Rate Holds Steady at 2-Year High
Germany's seasonally adjusted harmonised unemployment rate stood at 3.5 percent in April 2020, unchanged from the previous month's two-year high, as the number of unemployed rose by 1.9 percent from the previous month to 1.57 million while employment was flat at 42.73 million. Youth unemployment rate, measuring job-seekers under 25 years old, remained unchanged at 5.3 percent in April.
2020-06-03
German Jobless Rate Rises to 2-Year High
Germany's seasonally adjusted harmonised unemployment rate edged up to 3.5 percent in March 2020 from an upwardly revised 3.4 percent the previous month. This was the highest jobless rate since March 2018, as the number of unemployed rose by 0.7 percent from the previous month to 1.53 million while employment fell 0.8 percent to 42.50 million. Youth unemployment rate, measuring job-seekers under 25 years old, ticked higher to 5.6 percent in March, the highest in four months.
2020-04-30
German Jobless Rate Unchanged at 3.2% in February
Germany's seasonally adjusted harmonised unemployment rate stood at 3.2 percent in February 2020, unchanged from the previous month. The number of unemployed fell 0.7 percent from the previous month to 1.40 million while employment rose 0.2 percent to 42.88 million. Compared with the same month last year, unemployment rose by 0.7 percent from 1.39 million and the number of employed grew 2.3 percent from 41.93 million. Youth unemployment rate, measuring job-seekers under 25 years old, edged down to 5.3 percent in February, the lowest on record.
2020-03-31

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.