Unemployment rate Germany and US | Labor market history

Unemployment is the business-cycle indicator with the greatest influence on monetary policy decisions. For investors it is mainly a leading signal for rate turns: when unemployment rises materially, central banks usually cut — lifting bond prices and supporting equity valuations.

Germany unemployment rate 3.90 %
US unemployment rate 4.20 %

As of 2026-06-01 · series since 1999-01-01 (330 observations) · change vs previous +0.10.

All-time high11.20 %
All-time low2.90 %
Data starts1999-01-01
Frequencymonthly

History by year

Year-end values
YearGermany unemployment rateUS unemployment rate
20263.904.20
20253.904.40
20243.504.10
20233.203.80
20223.103.50
20213.303.90
20203.806.70
20193.103.60
20183.103.90
20173.404.10
20163.704.70
20154.205.00
20144.605.60
20134.806.70
20125.007.90
20115.208.50
20106.109.30
20097.209.90
20087.107.30
20078.105.00
20069.404.40
200510.704.90
200410.705.40
20039.805.70
20029.206.00

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Official data from Eurostat and FRED (St. Louis Fed), reloaded daily · as of 2026-06-01.