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Market watch · 34

Germany’s unemployment rate is now above its pandemic peak

Adults aged 25 to 74 account for 231,000 of the 253,000 more unemployed than two years ago, while the under-25 rate remains below its 2020 peak.

Germany’s unemployment rate is still well below the European Union’s. But it has climbed for two years, and in August 2026 it passed the level it reached in 2020 and early 2021. Here is how far it has risen, who the rise is among, what the figure does and does not count, and what it changes if you are hiring or looking for work in Germany.

4.0%of Germany’s labour force aged 15 to 74 was unemployed, August 2026
3.9%the pandemic peak, August 2020 and early 2021
+231,000more unemployed aged 25 to 74 than in August 2024, out of 253,000

August 2026 is above August 2020, the pandemic peak

20163.9%
20173.5%
20183.2%
20192.9%
20203.9%
20213.4%
20223.1%
20233.1%
20243.4%
20253.8%
20264.0%
Unemployment rate, people aged 15 to 74, Germany, August of each year, trend, per cent of the labour force aged 15 to 74. Eurostat monthly estimates (une_rt_m), read 12 October 2026.

Above the pandemic peak

In August 2026, 4.0% of Germany’s labour force aged 15 to 74 was unemployed, 1,760,000 people. In the pandemic, the rate peaked at 3.9%, in August 2020 and again from January to March 2021, and the number at 1,625,000, in February 2021. The figures are Eurostat’s monthly trend for Germany, updated on 8 October 2026.

Two years earlier, in August 2024, the rate was 3.4% and 1,507,000 people were unemployed. It has stood at 4.0% since June 2026, a level last reached in June 2016, and the number is the highest since August 2015.

Germany’s rate is still well below the European Union’s, 6.1% in August 2026. The quarterly Labour Force Survey points the same way as the monthly trend: 3.4% in the second quarter of 2024, 3.9% in the second quarter of 2026, and 3.7% in the second quarter of 2021.

Provenance: Source
Germany, unemployment rate by age, trend, per cent of the labour force in each age group: August 2026, August 2024, and the highest month of 2020 and 2021. Eurostat, une_rt_m.
AgeAugust 2026August 2024Peak 2020 to 2021
15 to 744.0%3.4%3.9%
25 to 743.7%3.0%3.4%
Under 257.4%6.8%8.4%

What the figure measures

The rate is the share of the labour force that is unemployed, not the share of the whole population. The labour force is everyone aged 15 to 74 who is working or looking for work; students, retired people and others who are not looking are in neither part of the fraction.

Unemployed means the ILO definition: without work, available and looking. It is measured by Germany’s Labour Force Survey. It is not the number of people registered as unemployed with the Federal Employment Agency, a different count with its own definition, and the two should not be read as one.

The monthly figure is a trend, smoothed, and its latest months can be revised. 4.0% against 3.9% is one decimal apart, so the count matters too: 1,760,000 against 1,625,000. Eurostat flags a break in Germany’s series in January 2009, so nothing earlier is compared here, and its quarterly table has no German figures for 2020.

Provenance: SourceWhat this counts
  1. THE FRACTION: unemployed people aged 15 to 74 divided by everyone aged 15 to 74 in the labour force, working or looking. People who are neither working nor looking are in neither part.
  2. THE DEFINITION: unemployed under the ILO definition, without work, available to start within two weeks and having looked for work in the past four weeks. It is not the count of people registered as unemployed with the Federal Employment Agency, which uses its own definition and is published separately.
  3. THE SERIES: for Germany, Eurostat publishes a trend rather than a seasonally adjusted month, because the monthly survey figures move too much from one month to the next. A trend is smoothed, and its latest months are revised as new months arrive.

So 4.0% does not say that one German in twenty-five is out of work: it says that of the people aged 15 to 74 who were working or looking for work in August 2026, 4.0% had no job, were available and were looking for one.

One fraction, one definition and one smoothed series, and a reading that forgets any of them says what the source does not.

The rise is among adults

Of the 253,000 more people unemployed in August 2026 than two years earlier, 231,000 are aged 25 to 74. Their number rose from 1,201,000 to 1,432,000, the highest since December 2015, and their rate from 3.0% to 3.7%, the highest since March 2016 and above its own pandemic peak of 3.4%.

Under 25, the rate rose from 6.8% to 7.4%, but it is still below its 2020 peak of 8.4%. 328,000 people under 25 were unemployed in August 2026, against 307,000 two years earlier and 350,000 at the 2020 peak.

The young are still more likely to be unemployed: 7.4% under 25, twice the 3.7% among adults. What has changed is where the increase is: nine in ten of the additional unemployed are aged 25 to 74.

Provenance: Source
Germany, unemployed people by age, trend, as published in thousands: August 2026, August 2024, the change, and the highest month of 2020 and 2021. Each age group is rounded separately, so the parts need not add to the whole. Eurostat, une_rt_m.
AgeAugust 2026August 2024ChangePeak 2020 to 2021
15 to 741,760,0001,507,000+253,0001,625,000
25 to 741,432,0001,201,000+231,0001,296,000
Under 25328,000307,000+21,000350,000

What these figures do not say

They do not say why. Nothing here measures industry, energy prices, trade, migration or interest rates, and no policy is assessed.

They do not say how many jobs are open, how long a search takes, or what anyone is paid, and they say nothing about any region of Germany, about men or women separately, or about any occupation or sector.

They do not say what comes next. Eurostat has not yet published Germany’s September figure, the trend can be revised, and none of this is a forecast.

What this means for you

If you are hiring in Germany

In August 2026, 1,432,000 people aged 25 to 74 were unemployed in Germany, 231,000 more than two years earlier and the most since December 2015. Each of them is, by definition, available to start and looking. If you have struggled to fill roles, more adults are available and looking now than at any point since 2015: say plainly which experience the role needs, and whether you would consider someone coming from another sector.

If you are 25 or over and looking for work in Germany

The rate for your age group is 3.7%, the highest since March 2016, and 231,000 more people aged 25 to 74 are looking than two years ago. These figures say nothing about how many jobs are open, but they do say that more people your age are looking alongside you. Put the experience an employer can check at the top of your application, and apply to roles that name it.

How this was counted

Method

  1. Two tables. Eurostat, une_rt_m (Unemployment by sex and age, monthly data), updated on 8 October 2026, and lfsq_urgan (Unemployment rates by sex, age and citizenship, quarterly Labour Force Survey), updated on 11 September 2026, both read through Eurostat’s dissemination API on 12 October 2026 at 21:35 (+01:00).
  2. THE MEASURE. ILO unemployment: without work, available to start within two weeks and having looked for work in the previous four weeks. The rate divides the unemployed in an age group by the labour force in that age group. Rates are printed as published, to one decimal; counts are published in thousands, each age group rounded separately.
  3. THE MONTHLY SERIES. Germany’s monthly estimates come directly from its Labour Force Survey. Eurostat publishes them as a trend, in the place of the seasonally adjusted series, because the monthly figures are volatile; Germany’s data were revised back to 2009 after the 2021 census. August 2026 is the latest month published for Germany.
  4. LIMITS. Eurostat flags a break in Germany’s monthly series in January 2009, so nothing earlier is compared. The quarterly survey has no German figures for 2020 and a break in the first quarter of 2021, so it is compared only from the second quarter of 2021, and the comparison with the pandemic rests on the monthly series.
  5. THE DESK’S ARITHMETIC. “Pandemic peak”: the highest monthly value from January 2020 to December 2021. “A level last reached in June 2016”: before the run from June 2026, the last month at or above 4.0%. “Highest since”: the last month before August 2026 at or above its value. “253,000 more”: 1,760,000 less 1,507,000; “231,000”: 1,432,000 less 1,201,000. “Twice”: 7.4 against 3.7.
What the data establishes, and what it does not

What the data establishes

  • In August 2026, 4.0% of Germany’s labour force aged 15 to 74 was unemployed, 1,760,000 people, above the pandemic peak of 3.9% and 1,625,000.
  • The rate was 3.4% in August 2024; 4.0% is a level last reached in June 2016, and the number is the highest since August 2015.
  • Of the 253,000 more unemployed than in August 2024, 231,000 are aged 25 to 74, whose rate rose from 3.0% to 3.7%, the highest since March 2016.
  • The under-25 rate, 7.4%, is still below its 2020 peak of 8.4%, and still twice the adult rate.

What it does not

  • Why: no cause, including industry, energy prices, trade, migration or interest rates, is measured.
  • That unemployment is at a record: the series ran far higher before 2009, across a break that rules out the comparison.
  • Anything about registered unemployment, which is a different count.
  • Anything about vacancies, pay or hours, or about any region, sex, occupation or sector.
  • What happens next: September is not yet published, the trend can be revised, and nothing here is a forecast.
Primary sources

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