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Germany reports lowest unemployment rate since reunification

January 28, 2020


Abstract : The number of people unemployed in modern-day Germany has never been lower, according to government data released on Monday.

Never has the unemployment rate been lower in Germany since its reunification. (picture alliance/dpa)

The number of people unemployed in modern-day Germany has never been lower, according to government data released on Monday.

At 3.0 per cent, or 1.4 million unemployed people, the annual average for 2019 was the countries lowest since reunification in 1990, the Federal Statistics Office (Destatis) said.

The statisticians also reported that the European Union had "recovered largely" from the financial crisis of 2009, when global unemployment reached an all-time high.

At that time, the International Labour Organization (ILO) reported a total of 212 million people unemployed worldwide, or 6.6 per cent of the world's working-age population.

In its latest report, the ILO said 188 million people were unemployed globally in 2019.

"The German labour market was affected by the crisis only for a short time; a slight increase in unemployment was recorded in 2009," the office said in a statement.

The EU-wide unemployment rate for September 2019 - the last month with data for all 28 member states - was 6.3 per cent, according to the European Union's statistics office, Eurostat.

Only the Czech Republic had a lower unemployment rate than Germany that month, at 2.1 per cent versus 3.1 per cent.

Spain and Greece, on the other hand, are still struggling to recover from the financial crisis, with unemployment at 14.2 per cent and 16.8 per cent, respectively.

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