Unemployment in Germany

Germany Unemployment | Economic News & Forecasts

Germany - Unemployment

Germany narrowly avoided a technical recession in the fourth quarter, with economic growth coming in flat. This followed the release of full-year national accounts that had indicated a small rebound in Q4. The economy was nonetheless buttressed by domestic demand due to stronger fixed investment and public expenditure growth, while private consumption picked up slightly. The external sector, meanwhile, dragged on economic growth despite ending the year on a positive note in December. Looking ahead, a rebound in the first quarter of this year looks to be on the cards: Consumer sentiment picked up again in February, while the composite PMI continued to indicate improving business conditions in January and February. Business sentiment, however, remained somewhat pessimistic in the same period.

Germany - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate6.9  6.7  6.4  6.1  5.7  

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Germany Unemployment Chart

Germany Unemployment
Note: Unemployment in % of active population.
Source: Federal Labour Agency.

Germany Facts

Bond Yield0.060.41 %Mar 11
Exchange Rate1.120.65 %Mar 11
Stock Market11,543-0.41 %Mar 11

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