Germany Unemployed Persons

Info

History

Chart

Impact:

Medium

Source: Bundesagentur für Arbeit

Latest Release:

Date:

Surprise:

-0.006M

EUR

Actual:

2.972M

Forecast: 2.978M

Previous/Revision:

2.963M

Period: Jun

Next Release:

Date:

Period: Jul

What Does It Measure?

The number of unemployed persons in Germany measures the total count of individuals who are actively seeking employment but are unable to find work. This indicator focuses on labor market dynamics, reflecting key areas such as job availability, economic health, and consumer confidence.

Frequency

This report is released monthly, with the typical publication date falling on the first working day of the month following the reporting period.

Why Do Traders Care?

Traders closely monitor the unemployment figures as they have significant implications for economic growth and monetary policy, influencing assets such as the Euro and German equities. A higher unemployment rate typically signals economic weakness, affecting market sentiment negatively, while lower-than-expected figures can bolster confidence, leading to bullish actions in the currency and stock markets.

What Is It Derived From?

The unemployment rate is derived from data collected through the German Federal Employment Agency, which utilizes surveys of households and registered job seekers to measure employment status and labor force participation. The calculation is based on the International Labour Organization’s definitions, ensuring standardization in reporting.

Description

The unemployment figures represent a crucial indicator of the labor market, revealing the share of the workforce that is unemployed and actively seeking employment. This metric serves as a leading indicator of economic performance, providing insights into potential consumer spending behavior and overall economic health.

Additional Notes

Unemployment figures are a coincident indicator, often reflecting broader economic conditions alongside GDP growth rates and industrial output. It is essential for traders to compare these figures with other indicators, such as employment rates in other EU nations, to assess regional economic performance and trends.

Bullish or Bearish for Currency and Stocks

Lower than expected: Bullish for Euro, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Jul 01, 2025	2.972M	2.978M	2.963M	-0.006M
May 28, 2025	2.963M	2.932M	2.93M	0.031M
Apr 30, 2025	2.922M	2.937M	2.922M	-0.015M
Mar 28, 2025	2.922M	2.892M	2.886M	0.03M
Feb 28, 2025	2.886M	2.891M	2.88M	-0.005M
Jan 31, 2025	2.88M	2.876M	2.869M	0.004M
Jan 03, 2025	2.869M	2.87M	2.86M	-0.001M
Nov 29, 2024	2.86M	2.876M	2.856M	-0.016M
Oct 30, 2024	2.856M	2.825M	2.823M	0.031M
Sep 27, 2024	2.823M	2.824M	2.801M	-0.001M
Aug 30, 2024	2.801M	2.814M	2.799M	-0.013M
Jul 31, 2024	2.802M	2.796M	2.784M	0.006M
Jun 28, 2024	2.781M	2.77M	2.762M	0.011M
Jun 04, 2024	2.762M	2.88M	2.732M	-0.118M
Apr 30, 2024	2.732M	2.73M	2.719M	0.002M
Mar 28, 2024	2.719M	2.733M	2.714M	-0.014M
Feb 29, 2024	2.713M	2.709M	2.701M	0.004M
Jan 31, 2024	2.694M	2.718M	2.696M	-0.024M
Jan 03, 2024	2.703M	2.732M	2.698M	-0.029M
Nov 30, 2023	2.702M	2.693M	2.68M	0.009M
Nov 02, 2023	2.678M	2.661M	2.648M	0.017M
Sep 29, 2023	2.642M	2.65M	2.632M	-0.008M
Aug 31, 2023	2.63M	2.621M	2.61M	0.009M
Aug 01, 2023	2.604M	2.625M	2.608M	-0.021M
Jun 30, 2023	2.61M	2.592M	2.582M	0.018M
May 31, 2023	2.573M	2.58M	2.564M	-0.007M
Apr 28, 2023	2.567M	2.549M	2.54M	0.018M
Mar 31, 2023	2.54M	2.511M	2.52M	0.029M
Mar 01, 2023	2.509M	2.509M	2.507M
Jan 31, 2023	2.498M	2.5M	2.51M	-0.002M
Jan 03, 2023	2.52M	2.55M	2.533M	-0.03M
Nov 30, 2022	2.538M	2.537M	2.521M	0.001M
Nov 02, 2022	2.518M	2.54M	2.51M	-0.022M
Sep 30, 2022	2.51M	2.519M	2.497M	-0.009M
Aug 31, 2022	2.497M	4.481M	2.463M	-1.984M
Jul 29, 2022	2.463M	2.457M	2.417M	0.006M
Jun 30, 2022	2.417M	2.28M	2.284M	0.137M
May 31, 2022	2.285M	2.278M	2.287M	0.007M
May 03, 2022	2.287M	2.277M	2.301M	0.01M
Mar 31, 2022	2.298M	2.287M	2.316M	0.011M
Mar 02, 2022	2.312M	2.328M	2.345M	-0.016M
Feb 01, 2022	2.345M	2.395M	2.393M	-0.05M
Jan 04, 2022	2.405M	2.408M	2.428M	-0.003M