Germany August unemployment change -9k vs 10k expected

Germany August unemployment change -9k vs 10k expected

• Latest data released by the Federal Employment Agency - 29 August 2025

• Prior 2k
• Unemployment rate 6.3% vs 6.3% expected
• Prior 6.3%

German unemployment falls unexpectedly in August with the jobless rate continuing to hold steady at 6.3%. The labour office noted that "the jobs market is still marked by the economic downturn of recent years but there are also first signs of stabilisation".