The seasonally adjusted number of unemployed people in Germany rose by 69 thousand to 2.943 million in June 2020, easing from record high increases in the past two months and remaining below market expectations of a 120 thousand advance. The jobless rate climbed to 6.4 percent, the highest since August 2015.
Unemployment Change in Germany averaged 0.49 Thousand from 1992 until 2020, reaching an all time high of 372 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 July of 2020. source: Bundesagentur für Arbeit
Unemployment Change in Germany is expected to be 51.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Change in Germany to stand at -20.00 in 12 months time. In the long-term, the Germany Unemployment Change is projected to trend around -40.00 Thousand in 2021 and 19.00 Thousand in 2022, according to our econometric models.