Germany Unemployment Rate  1950-2016 | Data | Chart | Calendar | Forecast

German seasonally adjusted harmonised jobless rate fell to 4.2 percent in March of 2016 from 4.3 percent in the previous month and hitting a fresh 35-year low. The number of unemployed declined by 1.1 percent while persons in employment rose slightly by 0.1 percent. A year ago the unemployment rate was recorded at 4.8 percent. Unemployment Rate in Germany averaged 5.65 percent from 1950 until 2016, reaching an all time high of 14.20 percent in February of 1950 and a record low of 0.40 percent in June of 1962. Unemployment Rate in Germany is reported by the Federal Statistics Office.

Germany Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
4.20 4.30 14.20 0.40 1950 - 2016 percent Monthly
SA
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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-31 07:55 AM Feb 4.3% 4.3% 4.3%
2016-04-28 07:55 AM Mar 4.2% 4.3% 4.3%
2016-04-28 07:55 AM Apr 6.2% 6.2% 6.2% 6.2%
2016-05-31 07:55 AM May 6.2% 6.2%
2016-05-31 07:55 AM Apr 4.2% 4.2%
2016-06-30 07:55 AM Jun 6.2%

German Jobless Rate Falls to 4.2%


German seasonally adjusted harmonised jobless rate fell to 4.2 percent in March of 2016 from 4.3 percent in the previous month and hitting a fresh 35-year low. The number of unemployed declined by 1.1 percent while persons in employment rose slightly by 0.1 percent. A year ago the unemployment rate was recorded at 4.8 percent.

Compared with the previous month, the number of unemployed persons decreased by 1.1 percent to 1.80 million from 1.82 million in February, while employment rose by 0.1 percent to 40.65 million people from 40.59 million.

Compared with March of 2015, unemployment dropped 9.5 percent from 1.99 million people while employment rose 1.8 percent from 39.95 million people. 

Youth unemployment rate was recorded at 6.9 percent, down from 7 percent in the previous month and from 7.2 percent a year earlier.

Separate data from the Labour Office showed the number of unemployed persons was unchanged at 2.7 million in April of 2016. The unemployment rate remained unchange at record low of 6.2 percent.

Destatis | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/28/2016 8:59:42 AM

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.30 14.20 0.40 percent [+]
Employed Persons 43389.00 43324.00 43389.00 37643.00 Thousand [+]
Unemployed Persons 2743.90 2844.90 5288.20 85.00 Thousand [+]
Unemployment Change -16.00 -3.00 264.00 -97.00 Thousand [+]
Long Term Unemployment Rate 2.00 1.90 6.30 1.90 percent [+]
Youth Unemployment Rate 6.90 7.00 15.60 5.70 percent [+]
Productivity 102.50 103.90 105.80 17.00 Index Points [+]
Labour Costs 110.02 109.12 110.02 78.58 Index Points [+]
Job Vacancies 640.10 634.50 891.70 57.80 Thousand [+]
Wages 3527.00 3449.00 3527.00 1832.00 EUR/Month [+]
Wages in Manufacturing 105.10 105.30 171.60 7.70 Index Points [+]
Wage Growth 2.10 2.40 2.70 -1.40 percent [+]
Minimum Wages 8.50 8.50 8.50 8.50 EUR/Hour [+]
Population 81.20 80.77 82.54 72.54 Million [+]
Retirement Age Women 65.30 65.23 65.30 65.00 [+]
Retirement Age Men 65.30 65.23 65.30 65.00 [+]
Employment Change 0.30 0.30 1.00 -0.80 percent [+]
Employment Rate 74.40 74.20 74.40 63.60 percent [+]
Full Time Employment 29089.10 28750.90 29113.80 26748.40 Thousand [+]
Part Time Employment 10513.30 10474.80 10536.90 6330.60 Thousand [+]
Labor Force Participation Rate 60.60 60.30 60.70 56.90 percent [+]




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