The seasonally adjusted unemployment rate in Germany edged down further to 5.3 percent in November 2021, from 5.4 percent in the previous month and well below the 6.2 percent touched in the same month of 2020. The number of unemployed decreased by 34 thousand to 2.428 million, bringing the total jobless level to the lowest since March 2020. The highest rates were reported in Bremen (10.2 percent) and Berlin (9.2 percent) and the lowest rates in Bayern (3.1 percent) and Baden-Württem-berg (3.5 percent). source: Bundesagentur für Arbeit
Unemployment Rate in Germany averaged 6.04 percent from 1950 until 2021, reaching an all time high of 12.10 percent in March of 2005 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 December of 2021.
Unemployment Rate in Germany is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Unemployment Rate is projected to trend around 5.20 percent in 2022 and 4.90 percent in 2023, according to our econometric models.