Germany's seasonally adjusted jobless rate held steady at 5.9% in March 2024, unchanged from the previous month's figure and remaining at its highest level since May 2021. The number of unemployed individuals rose by 4 thousand to 2.719 million, marking a 15th consecutive period of increasing unemployment. Additionally, there was a notable year-on-year surge of 176 thousand in the count of unemployed individuals. Regional disparities persisted, with Bremen (11.0%) and Berlin (9.6%) registering the highest unemployment rates, while Bayern (3.5%) and Baden-Württemberg (4.1%) maintain the lowest rates. source: Bundesagentur für Arbeit
Unemployment Rate in Germany remained unchanged at 5.90 percent in March. Unemployment Rate in Germany averaged 6.02 percent from 1950 until 2024, reaching an all time high of 12.10 percent in March of 2005 and a record low of 0.40 percent in March of 1966. This page provides the latest reported value for - Germany Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.
Unemployment Rate in Germany remained unchanged at 5.90 percent in March. Unemployment Rate in Germany is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Unemployment Rate is projected to trend around 6.30 percent in 2025 and 6.50 percent in 2026, according to our econometric models.