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.

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Germany Unemployment Change


Calendar GMT Actual Previous Consensus TEForecast
2021-10-28 07:55 AM Oct -39K -31K -20K -22K
2021-11-30 08:55 AM Nov -34K -40K -25K -30K
2022-01-05 08:55 AM Dec -34K


Related Last Previous Unit Reference
Unemployment Rate 3.30 3.30 percent Oct/21
Unemployed Persons 2317.07 2376.93 Thousand Nov/21
Employed Persons 44888.00 44910.00 Thousand Sep/21
Unemployment Change -34.00 -40.00 Thousand Nov/21
Job Vacancies 808.63 799.25 Thousand Oct/21

News Stream
German Unemployment Levels at New Pandemic Lows
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).
2021-11-30
German Unemployment Level Falls More than Forecast
The seasonally adjusted number of unemployed people in Germany decreased by 39 thousand to 2.466 million in October 2021, the lowest level since March 2020, as the labor market consolidated its recovery. It followed a revised 31 thousand drop in the previous month and compared with market expectations of a 20 thousand fall. The unemployment rate edged down to 5.4 percent, from 5.5 percent in September 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 (9.4 percent) and the lowest rates being reported in Bayern (3.2 percent) and Baden-Württem-berg (3.6 percent).
2021-10-28
German Unemployment Falls Further in September
The seasonally adjusted number of unemployed people in Germany decreased by 30 thousand to 2.508 million in September 2021, following a 53 thousand drop in the previous month and compared with market expectations of a 33 thousand fall. That unemployment rate stood at 5.5 percent, unchanged from the previous month and well below the 6.3 percent touched in the same month of 2020, with the highest rate being reported in Bremen at 10.3 percent and the lowest rate being reported in Bayern at 3.3 percent.
2021-09-30

Germany Unemployment Change
In German, unemployment change measures the absolut change in the number of unemployed people in the reporting month.