Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Germany
Annual, Not Seasonally Adjusted
LFHUTTTTDEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,490,000.00
Year-over-Year Change
-27.80%
Date Range
1/1/1991 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in Germany. It provides important insight into the underlying strength of the German labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The annual, not seasonally adjusted unemployment rate in Germany is a key economic indicator used to assess the overall health of the German economy. It represents the percentage of the German labor force that is jobless but actively seeking employment.
Methodology
The data is collected through household and business surveys by the German Federal Statistical Office.
Historical Context
Policymakers and economists closely monitor this trend to inform decisions on fiscal and monetary policy.
Key Facts
- Germany has one of the lowest unemployment rates in Europe.
- The annual unemployment rate reached a low of 3.1% in 2022.
- Unemployment tends to rise during economic downturns in Germany.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in Germany, which represents the percentage of the German labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate in Germany is a key indicator of the overall health of the German labor market and economy, providing important insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to inform decisions on fiscal and monetary policy in Germany and the broader Eurozone.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is published with a short delay, typically a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHUTTTTDEA647N), retrieved from FRED.