It is strong economic indicator that measures the rate of jobless people in Germany. In January 2020, German Unemployment Rate stood at 3.2%, unchanged from last month December 2019. If current German Unemployment Rate is compared with same month of previous year, number of employed grew to 1.2% while unemployment rose to 0.7%. Measuring job seekers under age 25, youth unemployment rate edge down to 5.6% in January 2020, the lowermost on record.
There is no fix schedule for the release of German Unemployment Rate, but usually on monthly basis at 7:55 GMT by Federal Statistical Office Germany. Rose in employment is taken as positive for Euro-zone traders while rose in unemployment is taken as bearish/negative.