Financial News: German Unemployment Rate Unchanged At 6.3%

German Unemployment Rate Unchanged At 6.3%

01/07/2026 - 07:21:00 (RTTNews)

(RTTNews) - Germany's unemployment rate remained unchanged at the end of the year but the actual jobless numbers increased as economic activity remained weak.

The unemployment rate held steady at 6.3 percent, as expected, in December, figures from the Federal Employment Agency showed on Wednesday.

The number of unemployed people increased 3,000 from the previous month, following November's rise of 1,000. Unemployment was forecast to climb 5,000.

With the onset of the winter break, unemployment rose by an unadjusted 23,000 to 2.91 million in December.

The labor market developed in an unfavorable direction in 2025, Federal Employment Agency Chairwoman Andrea Nahles said. However, there are several indications that it has reached the bottom, she noted.

Compared to the previous year, unemployment increased 161,000 to reach 2.95 million in 2025.

ING economist Carsten Brzeski said if the cyclical recovery of the German economy unfolds over the coming months, the labor market should stabilize by mid-year.

The gradual deterioration of the German labour market is likely to persist, clearly complicating any recovery of private consumption in 2026, Brzeski added.

Data based on the labor force survey showed that the adjusted unemployment rate remained unchanged at 3.8 percent in November. The number of unemployed increased 7,000 from the last month to 1.67 million.

On an unadjusted basis, the jobless rate rose to 3.7 percent from 3.3 percent in November.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Homebuilder Confidence Unexpectedly Deteriorates In January (06 hr(s), 36 min(s), 36 sec(s) ago)
(RTTNews) - A report released by the National Association of Home Builders on Friday showed an une ...Full Story»

U.S. Industrial Production Climbs 0.4% In December, Much More Than Expected (06 hr(s), 52 min(s), 36 sec(s) ago)
(RTTNews) - Industrial production in the U.S. grew by much more than expected in the month of Dece ...Full Story»

U.S. Industrial Production Climbs Much More Than Expected In December (07 hr(s), 44 min(s), 36 sec(s) ago)
(RTTNews) - Industrial production in the U.S. grew by much more than expected in the month of Dece ...Full Story»

Brazil Producer Prices Fall 0.37% (09 hr(s), 27 min(s), 36 sec(s) ago)
(RTTNews) - Brazil's producer prices continued their falling trend in November, figures from t ...Full Story»

Italy Inflation Confirmed At 1.2% (11 hr(s), 25 min(s), 36 sec(s) ago)
(RTTNews) - Consumer price inflation in Italy rose somewhat as initially estimated in December fro ...Full Story»

German Inflation Slows To 2% (14 hr(s), 29 min(s), 36 sec(s) ago)
(RTTNews) - Germany's harmonized inflation eased to the 2 percent target towards the end of th ...Full Story»

Singapore Non-Oil Domestic Exports Rise 6.1% (15 hr(s), 25 min(s), 36 sec(s) ago)
(RTTNews) - The growth in Singapore's non-oil domestic exports moderated in December, data fro ...Full Story»

European Economic News Preview: German Final Inflation Data Due (16 hr(s), 02 min(s), 36 sec(s) ago)
(RTTNews) - Final inflation figures from Germany and Italy are due on Friday, headlining a light d ...Full Story»