• Germany unemployment fell moderately in April

Market news

30 April 2019

Germany unemployment fell moderately in April

According to the report from the Federal Employment Office, in the wake of the spring upturn, unemployment fell by 72,000 from March to April to 2,229,000. Adjusted for the seasonal influences, a fall of 12,000 is calculated for April compared to the previous month. Compared to the previous year, 155,000 fewer people were registered as unemployed. The unemployment rate fell by 0.2 percentage points to 4.9 percent. Compared to April of last year, it has decreased by 0.4 percentage points. The unemployment rate calculated by the Federal Statistical Office according to the ILO employment concept was 3.5 percent in March.

Underemployment, which also includes people in relieving labor market policies and short-term incapacity for work, rose by 5,000 in seasonally adjusted terms compared to the previous month. Overall, underemployment in April 2019 was 3,198,000. That was 154,000 less than a year ago.

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