Long Term Unemployment Rate in Germany decreased to 1.10 percent in the fourth quarter of 2019 from 1.20 percent in the third quarter of 2019.

Long Term Unemployment Rate in Germany averaged 3.45 percent from 1992 until 2019, reaching an all time high of 6.30 percent in the fourth quarter of 2004 and a record low of 1.10 percent in the fourth quarter of 2019. This page provides the latest reported value for - Germany Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Long Term Unemployment Rate - values, historical data and charts - was last updated on October of 2020. source: Eurostat

Long Term Unemployment Rate in Germany is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Germany to stand at 2.30 in 12 months time. In the long-term, the Germany Long Term Unemployment Rate is projected to trend around 2.10 percent in 2021 and 1.60 percent in 2022, according to our econometric models.

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Germany Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.20 6.30 1.10 1992 - 2019 percent Quarterly

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.40 11.50 0.40 percent [+]
Employed Persons 44640.00 44619.00 45244.00 37643.00 Thousand [+]
Unemployed Persons 2847.15 2955.49 5288.25 84.97 Thousand [+]
Unemployment Change -8.00 -9.00 371.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.20 6.30 1.10 percent [+]
Youth Unemployment Rate 5.80 5.90 15.90 5.60 percent [+]
Labour Costs 117.67 111.20 117.67 78.67 points [+]
Productivity 93.30 95.70 106.10 17.00 points [+]
Job Vacancies 590.73 584.22 891.70 57.80 Thousand [+]
Wages 4021.00 4035.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 167.80 101.30 167.80 7.70 points [+]
Wage Growth -4.70 0.40 6.00 -4.70 percent [+]
Minimum Wages 9.35 9.19 9.35 8.50 EUR/Hour [+]
Population 83.20 82.85 83.20 72.54 Million [+]
Retirement Age Women 65.75 65.67 65.75 65.00 [+]
Retirement Age Men 65.75 65.67 65.75 65.00 [+]
Labor Force Participation Rate 62.60 62.00 62.60 56.90 percent [+]
Part Time Employment 11138.90 11230.10 11230.90 6330.60 Thousand [+]
Employment Change -1.40 0.00 0.90 -1.40 percent [+]
Employment Rate 75.80 75.80 77.00 63.60 percent [+]
Full Time Employment 30459.60 29922.00 30459.60 26748.40 Thousand [+]


Germany Long Term Unemployment Rate
In Germany, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.