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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 - Wednesday 31 May 2023 07:55

Previous
24K
Revised
-
Forecast
15K
Actual
9K

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

Next event - Friday 30 June 2023 07:55

Previous
9K
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 9K against a forecast of 15K.

Past events

Date
Forecast
Actual
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
Tuesday 2 March 2021 08:55
-13K
9K
Friday 29 January 2021 08:55
3K
-41K
Tuesday 5 January 2021 08:55
10K
-37K
Tuesday 1 December 2020 08:55
8K
-39K
Thursday 29 October 2020 08:55
-5K
-35K
Wednesday 30 September 2020 07:55
-8K
-8K
Tuesday 1 September 2020 07:55
0K
-9K
Thursday 30 July 2020 07:55
43K
-18K
Wednesday 1 July 2020 07:55
120K
69K

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)Bearish change1%0.2%
Core Harmonized Index of Consumer Prices (YoY)Bearish change5.6%5.3%
Harmonized Index of Consumer Prices (MoM)Bearish change0.6%0%
Harmonized Index of Consumer Prices (YoY)Bearish change7%6.1%
Unemployment RateBullish change6.6%6.5%
30-y Bond AuctionBullish change3.81%3.98%
UnemploymentBullish change7.9%7.8%
HCOB Manufacturing PMIBullish change42.943.2
HCOB Manufacturing PMIBearish change46.845.9
HCOB Manufacturing PMIBearish change4948.4
Retail Sales (MoM)Bullish change-2.4%0.8%
Retail Sales (YoY)Bullish change-8.6%-4.3%
Harmonized Index of Consumer Prices (YoY)Bearish change7.6%6.3%
Gross Domestic Product (QoQ)Bullish change0.5%0.6%
Gross Domestic Product (YoY)Bullish change1.8%1.9%
Unemployment Rate s.a.(no change)5.6%5.6%
Business ClimateBearish change0.510.19
Consumer Confidence(no change)-17.4-17.4
Gfk Consumer Confidence SurveyBullish change-25.8-24.2
Gross Domestic Product (QoQ)Bearish change0%-0.3%
Gross Domestic Product (YoY)Bearish change-0.1%-0.5%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%-0.2%
IFO – Business ClimateBearish change93.491.7
IFO – Current AssessmentBearish change95.194.8
IFO – ExpectationsBearish change91.788.6
HCOB Composite PMIBearish change54.153.3
HCOB Manufacturing PMIBearish change45.844.6
HCOB Services PMIBearish change56.255.9
HCOB Composite PMIBullish change54.254.3
HCOB Manufacturing PMIBearish change44.542.9
HCOB Services PMIBullish change5657.8
HCOB Composite PMIBearish change52.451.4
HCOB Manufacturing PMIBullish change45.646.1
Consumer ConfidenceBullish change-17.5-17.4

About Unemployment Change

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