Labour market and unemployment in Germany

Main article: German economy

2024: Unemployment rises to 5.9%

The number of unemployed in Germany rose by 11,000 in February 2024, more than double analysts' forecasts of 5,000.

The unemployment rate remained at 5.9%, the highest in two years.

The resilience of the labour market has been one of the few pluses for the EU's biggest economy, which is teetering on the brink of recession.

2023

Youth unemployment - 6.1%

Total employment reached a new record of 45.9 million people

On average, 45.9 million people were employed in Germany in 2023, which is 333 thousand or 0.7% more than in 2022. One reason for the rise in employment in 2023 was the immigration of foreign workers. Participation in the labor force of the domestic population also increased.

If Germany's GDP did decline, it means people were working less or less productively.

The decline in the number of employees aged 15 to 64 years

In 2023 Germany , there are not enough workers, which jeopardizes economic growth.

As of May 2023

2022

The average annual number of working hours per person is about 1340

With a 8 hourly working day in the year, about 1970 working hours

Proportion of employees aged 65 or more - 8.5%

Data for 2022

Unemployment rate - 5.5%

Безработица в countries EU and Britain for July 2022

2020

Migrants save Germany's economy in several industries

According to the German think tank, labor migrants are saving the German economy from the logistical difficulties that have befallen Britain.

It comes as skilled migrants occupy an increasing share of the jobs companies have struggled to find workers for - especially truck drivers - a report by the Cologne Institute for Economic Research found.

Data for 2020

Unemployment rate - 4.3%

Countries around the world in terms of unemployment in 2020

2015: More than 3.3% of workers work 60 or more hours a week

Data for 2015 Data for China - for 2009, for Russia - for 2010, for India - for 2011

1932: Deflation policy leads to unemployment and Hitler's rise to power

See also

• Unemployment in Russia
• China's labor market and unemployment