Unemployment Change

The Unemployment Change released by the Bundesagentur für Arbeit and published by the German Statistics Office is a measure of the absolute change in the number of unemployed people in Germany using seasonally adjusted data.. A rise in this indicator has negative implications for consumer spending, as there’s less people working and therefore diminishes economic growth in the country. Generally, a reading above expected is seen as negative (or bearish) for the EUR, while a low reading is seen as positive (or bullish).

Most recent - Thursday 28 March 2024 08:55

Previous
11K
Revised
-
Forecast
10K
Actual
4K

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Next event - Tuesday 30 April 2024 07:55

Previous
-
Forecast
-
Actual
-

The typical/expected impact on EUR pairs is medium.

There is no forecast value for Unemployment Change yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Unemployment Change was 4K against a forecast of 10K.

Past events

Date
Forecast
Actual
Thursday 28 March 2024 08:55
10K
4K
Thursday 29 February 2024 08:55
7K
11K
Wednesday 31 January 2024 08:55
11K
-2K
Wednesday 3 January 2024 08:55
20K
5K
Thursday 30 November 2023 08:55
22K
22K
Thursday 2 November 2023 08:55
15K
30K
Friday 29 September 2023 07:55
15K
10K
Thursday 31 August 2023 07:55
10K
18K
Tuesday 1 August 2023 07:55
15K
-4K
Friday 30 June 2023 07:55
13K
28K
Wednesday 31 May 2023 07:55
15K
9K
Friday 28 April 2023 07:55
10K
24K
Friday 31 March 2023 07:55
0K
16K
Wednesday 1 March 2023 08:55
19K
2K
Tuesday 31 January 2023 08:55
5K
-15K
Tuesday 3 January 2023 08:55
15K
-13K
Wednesday 30 November 2022 08:55
13K
17K
Wednesday 2 November 2022 08:55
15K
8K
Friday 30 September 2022 07:55
20K
14K
Wednesday 31 August 2022 07:55
28K
28K
Friday 29 July 2022 07:55
15K
48K
Thursday 30 June 2022 07:55
-6K
133K
Tuesday 31 May 2022 07:55
-16K
-4K
Tuesday 3 May 2022 07:55
-15K
-13K
Thursday 31 March 2022 07:55
-20K
-18K
Wednesday 2 March 2022 08:55
-25K
-33K
Tuesday 1 February 2022 08:55
-6K
-48K
Tuesday 4 January 2022 08:55
-15K
-23K
Tuesday 30 November 2021 08:55
-25K
-34K
Thursday 28 October 2021 07:55
-20K
-39K
Thursday 30 September 2021 07:55
-33K
-30K
Tuesday 31 August 2021 07:55
-40K
-53K
Thursday 29 July 2021 07:55
-28K
-91K
Wednesday 30 June 2021 07:55
-20K
-38K
Tuesday 1 June 2021 07:55
-9K
-15K
Thursday 29 April 2021 07:55
-10K
9K
Wednesday 31 March 2021 07:55
-3K
-8K

Economic context

Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Change result:

PreviousLatest
Unemployment Rate s.a.(no change)5.9%5.9%
Retail Sales (MoM)Bearish change-0.4%-1.9%
Retail Sales (YoY)Bearish change-1.4%-2.7%
Business ClimateBullish change-0.41-0.3
Consumer Confidence(no change)-14.9-14.9
Economic Sentiment IndicatorBullish change95.596.3
Harmonized Index of Consumer Prices (YoY)Bullish change2.9%3.2%
Gross Domestic Product (QoQ)(no change)0.6%0.6%
Gfk Consumer Confidence SurveyBullish change-28.8-27.4
IFO – Business ClimateBullish change85.787.8
IFO – Current AssessmentBullish change86.988.1
IFO – ExpectationsBullish change84.487.5
HCOB Composite PMIBullish change49.249.9
HCOB Manufacturing PMIBearish change46.545.7
HCOB Services PMIBullish change50.251.1
HCOB Composite PMIBullish change46.347.4
HCOB Manufacturing PMIBearish change42.541.6
HCOB Services PMIBullish change48.349.8
HCOB Composite PMIBearish change48.147.7
HCOB Manufacturing PMIBearish change47.145.8
HCOB Services PMIBearish change48.447.8
Consumer ConfidenceBullish change-15.5-14.9
Producer Price Index (MoM)Bearish change0.2%-0.4%
Producer Price Index (YoY)Bullish change-4.4%-4.1%
ZEW Survey – Current SituationBullish change-81.7-80.5
ZEW Survey – Economic SentimentBullish change19.931.7
ZEW Survey – Economic SentimentBullish change2533.5
Core Harmonized Index of Consumer Prices (MoM)(no change)0.7%0.7%
Core Harmonized Index of Consumer Prices (YoY)(no change)3.1%3.1%
Harmonized Index of Consumer Prices (MoM)(no change)0.6%0.6%
Consumer Price Index (EU Norm) (YoY)Bearish change0.9%0.8%
Consumer Price Index (YoY)(no change)0.8%0.8%
Consumer Price Index (EU norm) (YoY)Bullish change3.1%3.2%

About Unemployment Change

Country:Germany
Currency:EUR
Source:Federal Statistics Office of Germany
Category:Labor Market
Frequency:Monthly

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