Unemployment rate · Germany

Germany Unemployed Persons

The Germany Unemployed Persons measures the share of the labour force in Germany, people working or actively looking for work, who have no job but want one.

Importance
Medium
Released
Monthly
Next release
Currency
EUR · euro
Central bank
The European Central Bank (with the Bundesbank)

Latest figures

The latest release for OCT, published on 30 October 2026, came in at 3.016M, up from 3.012M the time before.

Over the last 12 releases it ranged from 2.973M to 3.016M, averaging 2.990M; it has been rising for three releases in a row.

Nov 2025: 2.973MJan 2026: 2.977MJan 2026: 2.976MFeb 2026: 2.977MMar 2026: 2.977MApr 2026: 3.006MMay 2026: 2.987MJun 2026: 2.984MJul 2026: 2.993MAug 2026: 2.996MSep 2026: 3.012MOct 2026: 3.016M Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
30 Oct 2026OCT3.016M–3.012M
30 Sep 2026SEP3.012M–3.0M ®
28 Aug 2026AUG2.996M–2.993M
31 Jul 2026JUL2.993M–2.987M ®
30 Jun 2026JUN2.984M–2.986M ®
29 May 2026MAY2.987M–2.998M ®
30 Apr 2026APR3.006M–2.986M ®
31 Mar 2026MAR2.977M–2.977M
27 Feb 2026FEB2.977M–2.976M
30 Jan 2026JAN2.976M–2.976M ®
7 Jan 2026DEC2.977M–2.973M
28 Nov 2025NOV2.973M–2.973M

See it in the economic calendar →

Why it matters

Full employment is part of most central banks' mandate. A falling unemployment rate means a tighter labour market, faster wage growth and more inflation pressure, which can keep the European Central Bank (with the Bundesbank) hawkish; a rising rate is one of the clearest recession signals (the US "Sahm rule" flags a 0.5-point rise in the three-month average).

How it is calculated

the Federal Statistical Office (Destatis) usually runs a household survey: people are counted as unemployed if they had no work, were available and looked for a job recently. The rate is unemployed ÷ (employed + unemployed). Registered jobless and claimant counts instead count people signed on for benefits. Participation is the labour force ÷ working-age population.

Unemployment rate = unemployed ÷ labour force × 100
Labour force = employed + unemployed

What changes mean

  • A lower rate than expected usually supports the euro.
  • Check participation: unemployment can fall because people stop looking, which is not good news.
  • Broader measures (US U-6) include part-timers who want more hours.

Higher than expected: A higher unemployment rate than expected points to a weakening labour market: the euro tends to soften as markets price in lower rates.

Lower than expected: A lower unemployment rate than expected signals a tight labour market: it tends to support the euro and push bond yields up.

A short history

Systematic unemployment statistics began in the 1930s Depression; the International Labour Organization's definition, adopted in 1982, is used by most countries today.

Questions

What is the Germany Unemployed Persons?

The Germany Unemployed Persons measures the share of the labour force in Germany, people working or actively looking for work, who have no job but want one.

What was the latest Germany Unemployed Persons?

3.016M for OCT, published on 30 October 2026.

When is the next Germany Unemployed Persons?

On Friday 27 November 2026 at 08:55 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.