The seasonally adjusted number of unemployed people in Germany fell by 15 thousand from the previous month to 2.51 million in January 2023, missing market expectations of a 5 thousand gain. It was the second straight month of decline in the number of unemployed people. source: Bundesagentur für Arbeit

Unemployment Change in Germany averaged -0.75 Thousand from 1992 until 2023, reaching an all time high of 357.00 Thousand in April of 2020 and a record low of -96.00 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 February of 2023.

Unemployment Change in Germany is expected to be 24.00 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 -10.00 Thousand in 2024 and -18.00 Thousand in 2025, according to our econometric models.

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Germany Unemployment Change

Calendar GMT Actual Previous Consensus TEForecast
2023-01-03 08:55 AM Dec -13K 15K 15K 15K
2023-01-31 08:55 AM Jan -15K -16K 5K 2K
2023-03-01 08:55 AM Feb -15K 11.0K

Related Last Previous Unit Reference
Unemployment Rate 5.50 5.50 percent Jan 2023
Unemployed Persons 2498.00 2513.00 Thousand Jan 2023
Employed Persons 45558.00 45513.00 Thousand Nov 2022
Unemployment Change -15.00 -16.00 Thousand Jan 2023
Job Vacancies 781.09 823.31 Thousand Dec 2022

Germany Unemployment Change
In German, unemployment change measures the absolut change in the number of unemployed people in the reporting month.
Actual Previous Highest Lowest Dates Unit Frequency
-15.00 -16.00 357.00 -96.00 1992 - 2023 Thousand Monthly
Volume, SA

News Stream
German Unemployment Rises Less than Expected
The seasonally adjusted number of unemployed people in Germany rose by 8 thousand from the previous month to 2.518 million in October 2022, below expectations of a 15 thousand addition. Although being the slowest, it was the fifth consecutive monthly increase in German unemployment, signaling some loosening of labor market conditions as the German economy feels the effect of tighter monetary policy by the European Central Bank.
Germany Unemployment Rises for 3rd Month
The seasonally adjusted number of unemployed people in Germany rose by 28K to 2.497 million in August of 2022, in line with market forecasts. It is the third consecutive month of rising unemployment, as Ukrainian refugees continue to register at the job centers. Meanwhile, the seasonally adjusted jobless rate rose to 5.5% from 5.4%, in line with forecasts. "Despite the economic and political uncertainties, the labor market is robust,” Federal Labor Agency chief Andrea Nahles said.
Germany Unemployment Rises for 2nd Month as Ukrainians Register
The seasonally adjusted number of unemployed people in Germany increased by 48K to 2.463 million in July of 2022, compared to market forecasts of a 15K rise, and following a big 133K jump in the previous month, as Ukrainian refugees continue to register in the job centers. The seasonally adjusted jobless rate rose to 5.4% from 5.3%. Still, the labour market in general is stable, said Daniel Terzenbach, head of the regions at the Labour Office.