Germany Unemployment Change  Forecast


Unemployment Change in Germany is expected to be -10.00 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 15.00 in 12 months time. In the long-term, the Germany Unemployment Change is projected to trend around 15.00 Thousand in 2020, according to our econometric models.


Germany Unemployment Change
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Germany Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 3.7 3.7 3.8 3.8 3.9 5.1
Employed Persons 44206 44360 44590 44650 44770 45900
Unemployed Persons 2545 2680 2700 2710 2720 3010
Unemployment Change -5 -10 6 12 15 15
Long Term Unemployment Rate 1.7 1.6 1.7 1.7 1.8 2.3
Youth Unemployment Rate 6.5 6.6 6.7 6.7 6.8 7.9
Productivity 105 106 107 108 109 113
Labour Costs 112 113 114 115 116 126
Job Vacancies 732 705 699 689 691 640
Wages 3745 3820 3860 3880 3900 4110
Wages in Manufacturing 161 113 114 115 116 126
Wage Growth 0.6 0.7 1 1.1 1.2 1.8
Minimum Wages 8.84 8.84 8.84 9.5 9.5 10.5
Population 82.8 82.8 82.8 83.1 83.1 83.75
Retirement Age Women 65.42 65.42 65.42 65.6 65.6 66
Retirement Age Men 65.42 65.42 65.42 65.6 65.6 66
Employment Change 0.3 0.4 0.5 0.5 0.5 0.2
Employment Rate 74.6 75.2 75.4 75.5 75.5 75.4
Full Time Employment 29311 30100 30200 30300 30400 32500
Part Time Employment 10850 11000 11100 11200 11300 13500
Labor Force Participation Rate 60.8 61.2 61.4 61.6 61.8 64
Living Wage Family 1428 1550 1550 1600 1600 1850
Living Wage Individual 1146 1250 1250 1300 1300 1550