Employment Rate in Germany increased to 76.70 percent in the fourth quarter of 2020 from 76.40 percent in the third quarter of 2020. source: EUROSTAT

Employment Rate in Germany averaged 69.68 percent from 1992 until 2020, reaching an all time high of 77 percent in the third quarter of 2019 and a record low of 63.60 percent in the second quarter of 1997. This page provides - Germany Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Employment Rate - values, historical data and charts - was last updated on May of 2021.

Employment Rate in Germany is expected to be 74.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Germany to stand at 75.40 in 12 months time. In the long-term, the Germany Employment Rate is projected to trend around 76.00 percent in 2022 and 77.00 percent in 2023, according to our econometric models.

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Germany Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
76.70 76.40 77.00 63.60 1992 - 2020 percent Quarterly
NSA

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.50 11.50 0.40 percent [+]
Employed Persons 44481.00 44453.00 45216.00 37716.00 Thousand [+]
Unemployed Persons 2771.23 2827.45 5288.25 84.97 Thousand [+]
Unemployment Change 9.00 -6.00 363.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.20 6.30 1.10 percent [+]
Youth Unemployment Rate 6.00 6.10 15.90 5.60 percent [+]
Labour Costs 111.90 111.78 117.19 71.06 points [+]
Productivity 97.40 99.50 106.20 17.00 points [+]
Job Vacancies 628.56 609.15 891.70 57.80 Thousand [+]
Wages 4033.00 3978.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 102.10 102.10 167.80 7.70 points [+]
Wage Growth 0.40 -1.30 6.00 -4.70 percent [+]
Minimum Wages 9.50 9.35 9.50 8.50 EUR/Hour [+]
Population 83.17 83.02 83.17 72.54 Million [+]
Retirement Age Women 65.75 65.67 65.75 65.00 [+]
Retirement Age Men 65.75 65.67 65.75 65.00 [+]
Labor Force Participation Rate 62.60 62.00 62.60 56.90 percent [+]
Part Time Employment 11138.90 11230.10 11230.90 6330.60 Thousand [+]
Employment Change 0.00 -0.20 0.90 -1.50 percent [+]
Employment Rate 76.70 76.40 77.00 63.60 percent [+]
Full Time Employment 30459.60 29922.00 30459.60 26748.40 Thousand [+]


Germany Employment Rate
In Germany, the employment rate measures the number of people who have a job as a percentage of the working age population.