Persons in employment resident in Germany, July 2024
0.0% on the previous month (seasonally adjusted)
-0.1% on the previous month (not seasonally adjusted)
+0.4% on the same month a year earlier

WIESBADEN – Roughly 46.0 million persons resident in Germany were in employment in July 2024. According to provisional calculations of the Federal Statistical Office (Destatis), the seasonally adjusted number of persons in employment rose slightly by 5,000 (0.0%) compared with the previous month. Month on month, the number of persons in employment rose by 9,000 in June 2024 and by 21,000 in May.

Without seasonal adjustment, the number of persons in employment in July 2024 fell by 47,000 (-0.1%) on June 2024. This was therefore the third year in succession that employment figures in July were down month on month (July 2023: -34,000 persons, July 2022: -52,000 persons). In the five years prior to this – i.e. in the period from 2017 to 2021 – employment in July had consistently increased compared with the previous month.

Stable upward trend year on year

Compared with July 2023, the number of persons in employment in July 2024 was up by 0.4%, or 165,000. The monthly rates of change compared with a year earlier also stood at +0.4% in the months from February to June 2024. The year-on-year comparison therefore reflects the ongoing long-term positive trend on the labour market.

Adjusted unemployment rate at 3.4% in July 2024

According to results of the labour force survey, 1.65 million people were unemployed in July 2024. This represented an increase of 346,000, or 26.5%, compared with July 2023. The unemployment rate rose to 3.7% (July 2023: 3.0%).

Adjusted for seasonal and irregular effects, the number of unemployed stood at 1.53 million in July 2024, and was therefore unchanged from June 2024. Compared with the previous month, the adjusted unemployment rate remained at 3.4%.

Source: DESTATIS
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