The seasonally adjusted number of unemployed people in Germany fell by 4K to 2.285 million in May of 2022, compared to market forecasts of a 16K drop and following a decline of 13K in the previous month. Unemployment has been falling consistently since March last year, with trade and services benefitting from the end of pandemic restrictions in both April and May this year. Meanwhile, the jobless rate remained steady at 5%, the lowest since March 2020. source: Bundesagentur für Arbeit

Unemployment Change in Germany averaged -1.36 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 June of 2022.

Unemployment Change in Germany is expected to be -5.00 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 -16.00 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
2022-05-03 07:55 AM Apr -13K -18K -15K -21K
2022-05-31 07:55 AM May -4K -13K -16K -15K
2022-06-30 07:55 AM Jun -4K -6K -5K


Related Last Previous Unit Reference
Unemployment Rate 5.00 5.00 percent May 2022
Unemployed Persons 2285.00 2287.00 Thousand May 2022
Employed Persons 45387.00 45334.00 Thousand Apr 2022
Unemployment Change -4.00 -13.00 Thousand May 2022
Job Vacancies 864.88 851.56 Thousand May 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
-4.00 -13.00 354.00 -96.00 1992 - 2022 Thousand Monthly
Volume, SA

News Stream
Unemployment in Germany Falls Further
The seasonally adjusted number of unemployed people in Germany fell by 4K to 2.285 million in May of 2022, compared to market forecasts of a 16K drop and following a decline of 13K in the previous month. Unemployment has been falling consistently since March last year, with trade and services benefitting from the end of pandemic restrictions in both April and May this year. Meanwhile, the jobless rate remained steady at 5%, the lowest since March 2020.
2022-05-31
German Labor Market Recovery Slows
The seasonally adjusted number of unemployed people in Germany fell by 13K to 2.287 million in April of 2022, compared to market forecasts of a 15K drop and following a decline of 18K in the previous month. It marks the 14th straight month of falls in the number of jobless people although the decline was the smallest since April 2021. The labour market continues to recover, amid the arrival of spring and the easing of coronavirus restrictions, especially in the hospitality and retail sectors. “However, the development is being slowed down by Russia’s war against Ukraine”, said Federal Labor Agency chief Detlef Scheele. The jobless rate remained steady at pre-pandemic levels of 5% although there was an increase in long-term unemployment due to the effects of the coronavirus crisis.
2022-05-03
Germany Unemployment Continues to Fall
The seasonally adjusted number of unemployed people in Germany decreased by 18K to 2.298 million in March of 2022, compared to forecasts of a 20K fall. It marks the 11th straight month of falls in the number of jobless people, as the labour market continues to recover, amid the easing of coronavirus restrictions, especially in the hospitality and retail sectors. "Due to the easing (of coronavirus restrictions) and the start of a spring rebound, unemployment is falling and employment is rising. The consequences of the war in Ukraine are at the moment showing up only sporadically in the labour market data. However, the dangers of a further escalation and possible stoppages in supplies of fossil fuels are weighing on further economic developments," said Daniel Terzenbach, head of the regions at the Labour Office.
2022-03-31