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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 - Tuesday 30 April 2024 07:55

Previous
4K
Revised
-
Forecast
7K
Actual
10K

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

Next event - Friday 31 May 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 10K against a forecast of 7K.

Past events

Date
Forecast
Actual
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
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

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(no change)6.5%6.5%
HCOB Manufacturing PMIBullish change42.242.5
HCOB Manufacturing PMIBearish change50.447.3
HCOB Manufacturing PMIBullish change51.452.2
Core Harmonized Index of Consumer Prices (MoM)Bearish change1.1%0.7%
Core Harmonized Index of Consumer Prices (YoY)Bearish change2.9%2.7%
Gross Domestic Product s.a. (QoQ)Bullish change0%0.3%
Gross Domestic Product s.a. (YoY)Bullish change0.1%0.4%
Harmonized Index of Consumer Prices (MoM)Bearish change0.8%0.6%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Consumer Price Index (EU Norm) (YoY)Bearish change1.2%1%
Consumer Price Index (YoY)Bearish change1.2%0.9%
Gross Domestic Product (QoQ)Bullish change-0.3%0.2%
Gross Domestic Product (YoY)(no change)-0.2%-0.2%
Gross Domestic Product w.d.a (YoY)Bearish change-0.4%-0.9%
Gross Domestic Product (QoQ)Bullish change0.1%0.3%
Gross Domestic Product (YoY)Bearish change0.7%0.6%
Unemployment Rate s.a.(no change)5.9%5.9%
Gross Domestic Product - Estimated (QoQ)Bullish change0.6%0.7%
Consumer Price Index (EU norm) (YoY)(no change)2.4%2.4%
Retail Sales (MoM)Bullish change-1.9%1.8%
Retail Sales (YoY)Bullish change-2.7%0.3%
Gross Domestic Product (QoQ)Bullish change0.1%0.2%
Consumer Price Index (MoM)Bullish change0.4%0.5%
Consumer Price Index (YoY)(no change)2.2%2.2%
Harmonized Index of Consumer Prices (MoM)(no change)0.6%0.6%
Harmonized Index of Consumer Prices (YoY)Bullish change2.3%2.4%
Business ClimateBearish change-0.32-0.53
Consumer Confidence(no change)-14.7-14.7
Economic Sentiment IndicatorBearish change96.295.6
Harmonized Index of Consumer Prices (YoY)Bullish change3.3%3.4%
GfK Consumer Confidence SurveyBullish change-27.3-24.2
IFO – Business ClimateBullish change87.989.4
IFO – Current AssessmentBullish change88.188.9
IFO – ExpectationsBullish change87.789.9
HCOB Composite PMIBullish change50.351.4
HCOB Manufacturing PMIBearish change46.145.6
HCOB Services PMIBullish change51.552.9
HCOB Composite PMIBullish change47.750.5
HCOB Manufacturing PMIBullish change41.942.2
HCOB Services PMIBullish change50.153.3
HCOB Composite PMIBullish change48.349.9
HCOB Manufacturing PMIBearish change46.244.9
HCOB Services PMIBullish change48.350.5
Consumer ConfidenceBullish change-14.9-14.7

About Unemployment Change

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