Date
GMT+01:00
Event Previous Forecast Actual
Jul, 31 08:55
★★
Unemployment Change
Unemployment Change
Country:
Date: Jul, 31 08:55
Importance: Medium
Previous: 11K
Forecast: 15K
Actual: -
Period: Jun

The indicator shows the number of unemployed people in Germany.

11K 15K -
Jul, 31 08:55
★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 31 08:55
Importance: Medium
Previous: 6.3%
Forecast: -
Actual: -
Period: Jun

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

6.3% - -
Jul, 31 09:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 31 09:00
Importance: Low
Previous: 6.5%
Forecast: 6.4%
Actual: -
Period: Jun

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

6.5% 6.4% -
Jul, 31 10:00
Gross Domestic Product
Gross Domestic Product
Country:
Date: Jul, 31 10:00
Importance: Low
Previous: 0.2%; 1.7%
Forecast: 0.1%
Actual: -
Period: Jul

The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. GDP announcements generally conform to expectations as the number comes out after most production figures that lead to overall GDP have already been released. Although releases that are out of line with expectations are rare, unanticipated GDP growth can move markets simply because of its significance as an economic indicator.

0.2%; 1.7% 0.1% -
Jul, 31 10:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 31 10:00
Importance: Low
Previous: 6.3%
Forecast: 6.3%
Actual: -
Period: Jun

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

6.3% 6.3% -