Unemployment in Germany

Germany Unemployment | Economic News & Forecasts

Germany - Unemployment

The economy should have emerged from recession in the third quarter. Industrial production swung from contraction in Q2 to expansion in July–August, and private-sector operating conditions improved markedly in the quarter from Q2. Furthermore, consumer sentiment turned noticeably less sour in Q3, which, coupled with falling prices, should have supported private consumption. Meanwhile, turning to Q4, a new round of restrictive measures—including bar and restaurant curfews and limits on social gatherings—announced in mid-October to curb the second wave of Covid-19 infections will likely derail recently regained economic momentum. In other news, the Cabinet approved the 2021 draft budget in late September, which focuses on investment and encompasses new debt of EUR 96 billion to further mitigate the blow dealt by Covid-19. The budget still needs to be approved by parliament.

Germany - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate6.4  6.1  5.7  5.2  5.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Germany Unemployment Chart


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

Germany Facts

Value Change Date
Bond Yield-0.190.41 %Jan 01
Exchange Rate1.120.65 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form