Germany's seasonally adjusted unemployment rate rose to 6.4% in July 2026 from 6.3% in June, exceeding market expectations of 6.3%. The number of unemployed increased by slightly more than expected, rising by 6,000 to 2.99 million, just below the politically significant 3 million threshold. On a non-seasonally adjusted basis, unemployment climbed above 3 million. The labor market has continued to weaken with a lag following the geopolitical shock of the Iran war, which began in February. Adding to the pressure, inflation accelerated to 2.8% in July as higher energy prices filtered through the economy. Although Germany's second-quarter GDP growth exceeded expectations, the outlook remains clouded by renewed US-Iran hostilities, which could keep energy prices elevated, reinforce expectations of tighter ECB policy, and weigh on investment and consumer spending. source: Bundesagentur für Arbeit
Unemployment Rate in Germany increased to 6.40 percent in July from 6.30 percent in June of 2026. Unemployment Rate in Germany averaged 6.03 percent from 1950 until 2026, reaching an all time high of 12.10 percent in March of 2005 and a record low of 0.40 percent in March of 1966. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.
Unemployment Rate in Germany increased to 6.40 percent in July from 6.30 percent in June of 2026. Unemployment Rate in Germany is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Unemployment Rate is projected to trend around 6.30 percent in 2027 and 6.20 percent in 2028, according to our econometric models.