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 - Wednesday 30 October 2024 08:55

Previous
17K
Revised
-
Forecast
15K
Actual
27K

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

Next event - Friday 29 November 2024 08:55

Previous
27K
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 27K against a forecast of 15K.

Past events

Date
Forecast
Actual
Wednesday 30 October 2024 08:55
15K
27K
Friday 27 September 2024 07:55
12K
17K
Friday 30 August 2024 07:55
16K
2K
Wednesday 31 July 2024 07:55
15K
18K
Friday 28 June 2024 07:55
15K
19K
Tuesday 4 June 2024 07:55
10K
25K
Tuesday 30 April 2024 07:55
7K
10K
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

Economic context

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

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%
Industrial Production s.a. (MoM)Bearish change1.5%-2%
Employment Change (QoQ)(no change)0.2%0.2%
Gross Domestic Product s.a. (QoQ)(no change)0.4%0.4%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%
Harmonized Index of Consumer Prices (YoY)(no change)1.8%1.8%
ZEW Survey – Current SituationBearish change-86.9-91.4
ZEW Survey – Economic SentimentBearish change13.17.4
ZEW Survey – Economic SentimentBearish change20.112.5
Harmonized Index of Consumer Prices (MoM)(no change)0.4%0.4%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Retail Sales (MoM)Bearish change1.1%0.5%
Retail Sales (YoY)Bullish change2.4%2.9%
30-y Bond AuctionBullish change3.853%3.877%
Industrial Production n.s.a. w.d.a. (YoY)Bearish change-3%-4.6%
Industrial Production s.a. (MoM)Bearish change2.6%-2.5%
Trade Balance s.a.Bearish change€22.5B€17B
Producer Price Index (MoM)Bearish change0.6%-0.6%
Producer Price Index (YoY)Bearish change-2.3%-3.4%
HCOB Composite PMIBullish change49.750
HCOB Composite PMIBullish change48.448.6
HCOB Services PMIBullish change51.451.6
HCOB Services PMIBearish change5754.9
Factory Orders n.s.a. (YoY)Bullish change-3.4%1%
Factory Orders s.a. (MoM)Bullish change-5.4%4.2%

About Unemployment Change

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