The seasonally adjusted number of unemployed people in Germany rose by 28K to 2.497 million in August of 2022, in line with market forecasts. It is the third consecutive month of rising unemployment, as Ukrainian refugees continue to register at the job centers. Meanwhile, the seasonally adjusted jobless rate rose to 5.5% from 5.4%, in line with forecasts. "Despite the economic and political uncertainties, the labor market is robust,” Federal Labor Agency chief Andrea Nahles said. source: Bundesagentur für Arbeit

Unemployment Change in Germany averaged -0.76 Thousand from 1992 until 2022, reaching an all time high of 354 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 September of 2022.

Unemployment Change in Germany is expected to be 22.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Unemployment Change is projected to trend around 15.00 Thousand in 2023 and -10.00 Thousand in 2024, according to our econometric models.

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Germany Unemployment Change



Calendar GMT Actual Previous Consensus TEForecast
2022-07-29 07:55 AM Jul 48K 133K 15K 40K
2022-08-31 07:55 AM Aug 28K 48K 28K 18K
2022-09-30 07:55 AM Sep 28K 20K 22K


Related Last Previous Unit Reference
Unemployment Rate 5.50 5.40 percent Aug 2022
Unemployed Persons 2497.00 2463.00 Thousand Aug 2022
Employed Persons 45464.00 45439.00 Thousand Jul 2022
Unemployment Change 28.00 48.00 Thousand Aug 2022
Job Vacancies 886.72 880.54 Thousand Aug 2022

Germany Unemployment Change
In German, unemployment change measures the absolut change in the number of unemployed people in the reporting month.
Actual Previous Highest Lowest Dates Unit Frequency
28.00 48.00 354.00 -96.00 1992 - 2022 Thousand Monthly
Volume, SA

News Stream
Germany Unemployment Rises for 3rd Month
The seasonally adjusted number of unemployed people in Germany rose by 28K to 2.497 million in August of 2022, in line with market forecasts. It is the third consecutive month of rising unemployment, as Ukrainian refugees continue to register at the job centers. Meanwhile, the seasonally adjusted jobless rate rose to 5.5% from 5.4%, in line with forecasts. "Despite the economic and political uncertainties, the labor market is robust,” Federal Labor Agency chief Andrea Nahles said.
2022-08-31
Germany Unemployment Rises for 2nd Month as Ukrainians Register
The seasonally adjusted number of unemployed people in Germany increased by 48K to 2.463 million in July of 2022, compared to market forecasts of a 15K rise, and following a big 133K jump in the previous month, as Ukrainian refugees continue to register in the job centers. The seasonally adjusted jobless rate rose to 5.4% from 5.3%. Still, the labour market in general is stable, said Daniel Terzenbach, head of the regions at the Labour Office.
2022-07-29
Germany Unemployment Rises as Ukrainians Register
The seasonally adjusted number of unemployed people in Germany jumped by 133K to 2.417 million in June of 2022, compared to market forecasts of a 6K drop. It is the first increase in unemployment since February last year and the biggest since May of 2020, due to registration of Ukrainian refugees in the job centers. Adjusted for these influences, however, unemployment remained stable although demand for new employees weakened somewhat. Meanwhile, the jobless rate increased to 5.3% from 5%, which was the lowest since March 2020.
2022-06-30