Unemployment Rate in Germany remained unchanged at 3.30 percent in December from 3.30 percent in November of 2018. Unemployment Rate in Germany averaged 5.57 percent from 1949 until 2018, reaching an all time high of 11.50 percent in April of 1950 and a record low of 0.40 percent in March of 1966.

Unemployment Rate in Germany is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Germany to stand at 3.80 in 12 months time. In the long-term, the Germany Unemployment Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.

Germany Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-04 07:00 AM Unemployment Rate Harmonised 3.3% 3.3% 3.3%
2019-01-04 08:55 AM Unemployment Rate 5% 5% 5% 5%
2019-01-31 07:00 AM Unemployment Rate Harmonised 3.3% 3.3% 3.3%
2019-01-31 08:55 AM Unemployment Rate 5% 5% 5% 5%
2019-03-01 07:00 AM Unemployment Rate Harmonised 3.3% 3.3%
2019-03-29 06:00 AM Unemployment Rate Harmonised 3.5%
2019-04-30 06:00 AM Unemployment Rate Harmonised 3.5%



German Jobless Rate Holds Steady at Over 38-Year Low

Germany's seasonally adjusted harmonised unemployment was unchanged at an over 38-year low of 3.3 percent in December 2018, as the number of unemployed dropped further and employment rose slightly.

The number of unemployed people fell by 1.4 percent from a month earlier to 1.41 million in December, while employment edged up 0.1 percent to 42.06 million.

Compared with December 2017, unemployment dropped by 8.4 percent from 1.54 million people and the number of employed rose by 1 percent from 41.65 million.

Youth unemployment rate, measuring job-seekers under 25 years old, edged down to 6.0 percent in December, the lowest since February 1992, from 6.1 percent a month earlier.

Separate data from the Labour Office showed that the seasonally adjusted number of unemployed fell by 2 thousand from a month earlier to 2.26 million in January, following a revised 12 thousand drop in December and compared to market consensus of an 11 thousand decline. The unemployment rate stood at 5 percent in January, unchanged from the previous month and the lowest since German reunification in 1990.


Destatis | Rida Husna | rida@tradingeconomics.com
1/31/2019 9:13:50 AM



Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.30 11.50 0.40 percent [+]
Employed Persons 44914.00 44845.00 44914.00 37643.00 Thousand [+]
Unemployed Persons 2405.59 2209.55 5288.25 84.97 Thousand [+]
Unemployment Change -2.00 -12.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.40 1.40 6.30 1.40 percent [+]
Youth Unemployment Rate 6.00 6.10 15.90 5.70 percent [+]
Productivity 97.60 100.00 106.00 17.00 Index Points [+]
Labour Costs 115.29 113.18 115.29 78.63 Index Points [+]
Job Vacancies 757.71 781.33 891.70 57.80 Thousand [+]
Wages 3875.00 3808.00 3875.00 1832.00 EUR/Month [+]
Wages in Manufacturing 186.40 114.50 186.40 7.70 Index Points [+]
Wage Growth 1.50 0.50 2.70 -1.40 percent [+]
Minimum Wages 9.19 8.84 9.19 8.50 EUR/Hour [+]
Population 82.85 82.52 82.85 72.54 Million [+]
Retirement Age Women 65.58 65.50 65.58 65.00 [+]
Retirement Age Men 65.58 65.50 65.58 65.00 [+]
Labor Force Participation Rate 61.50 60.90 61.70 56.90 percent [+]
Living Wage Family 1990.00 1960.00 1990.00 1770.00 EUR/Month [+]
Living Wage Individual 1240.00 1210.00 1240.00 1060.00 EUR/Month [+]
Wages Low Skilled 2050.00 2100.00 2100.00 1950.00 EUR/Month [+]
Wages High Skilled 3550.00 3550.00 3550.00 3400.00 EUR/Month [+]
Part Time Employment 10920.00 10897.10 10992.70 6330.60 Thousand [+]
Employment Change 0.30 0.20 1.00 -0.80 percent [+]
Employment Rate 76.30 75.40 76.30 63.60 percent [+]
Full Time Employment 29971.90 29382.30 30031.60 26748.40 Thousand [+]


Germany Unemployment Rate

In Germany, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.30 11.50 0.40 1949 - 2018 percent Monthly
SA




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 12.30 Nov/18
Brazil 11.60 Dec/18
Italy 10.30 Dec/18
Argentina 9.00 Sep/18
France 8.80 Dec/18
Euro Area 7.90 Dec/18
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Jan/19
Indonesia 5.34 Sep/18
Australia 5.00 Dec/18
Russia 4.90 Jan/19
South Korea 4.40 Jan/19
United Kingdom 4.00 Dec/18
United States 4.00 Jan/19
China 3.80 Dec/18
Netherlands 3.60 Dec/18
Mexico 3.40 Dec/18
Germany 3.30 Dec/18
Switzerland 2.80 Jan/19
Japan 2.40 Dec/18
Singapore 2.20 Dec/18


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