The seasonally adjusted number of unemployed people in Germany decreased by 34 thousand to 2.428 million in November 2021, compared with market expectations of a 25 thousand fall and bringing the total jobless level to the lowest since March 2020. It was the seventh consecutive month of decline in unemployment, amid a steady recovery in the labor market. The unemployment rate edged down further to 5.3 percent, from 5.4 percent in October and well below the 6.2 percent touched in the same month of 2020, with the highest rates being reported in Bremen (10.2 percent) and Berlin (9.2 percent) and the lowest rates being reported in Bayern (3.1 percent) and Baden-Württem-berg (3.5 percent). source: Bundesagentur für Arbeit
Unemployment Change in Germany averaged -0.97 Thousand from 1992 until 2021, reaching an all time high of 356 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 December of 2021.
Unemployment Change in Germany is expected to be -40.00 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 -30.00 Thousand in 2022 and -12.00 Thousand in 2023, according to our econometric models.