Germany Unemployment Rate
Nov 30, 2023
Time to Release
|6.02 %||1950-2023||Federal Statistical Office|
In Germany, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Germany's seasonally adjusted jobless rate rose to 5.9% in November 2023, up from October's 5.8% and slightly above market expectations of 5.8%. It was the highest rate since May 2021 as the number of unemployed individuals increased by 22 thousand, reaching a total of 2.702 million. On a year-on-year basis, the number of unemployed individuals saw a significant increase of 175 thousand. Regional variations persist, with Bremen and Berlin having the highest unemployment rates, while Bayern and Baden-Württemberg continue to maintain the lowest rates. Meanwhile, there were 733 thousand job openings in November, 90 thousand fewer than a year ago.
Germany Unemployment Rate History
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