The seasonally adjusted number of unemployed people in Germany fell by 18 thousand to 2.923 million in July 2020, the firtst month of decrease since February and compared to market expectations of a 43 thousand rise. The jobless rate was unchanged at 6.4 percent, the highest since August 2015.
Unemployment Change in Germany averaged 0.44 Thousand from 1992 until 2020, reaching an all time high of 371 Thousand in April of 2020 and a record low of -96 Thousand in May of 2006. This page provides the latest reported value for - Germany Unemployment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Unemployment Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Bundesagentur für Arbeit
Unemployment Change in Germany is expected to be 51.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Change in Germany to stand at -20.00 in 12 months time. In the long-term, the Germany Unemployment Change is projected to trend around -40.00 Thousand in 2021 and 19.00 Thousand in 2022, according to our econometric models.