{"id":104394,"date":"2025-08-31T04:51:17","date_gmt":"2025-08-31T04:51:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/104394\/"},"modified":"2025-08-31T04:51:17","modified_gmt":"2025-08-31T04:51:17","slug":"jobless-total-in-germany-jumps-to-a-10-year-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/104394\/","title":{"rendered":"Jobless total in Germany jumps to a 10-year high"},"content":{"rendered":"<p class=\"author-section byline-plain\">By CITY &amp; FINANCE REPORTER <\/p>\n<p class=\"byline-section\"> Updated:  06:33 EDT, 30 August 2025   <\/p>\n<p class=\"mol-para-with-font\">Unemployment in Germany has climbed above 3million for the first time in a decade in the latest sign of deepening gloom for Europe&#8217;s biggest economy.<\/p>\n<p class=\"mol-para-with-font\">Official figures showed the jobless total in the country hit 3.02million in August \u2013 up by 46,000 from the previous month.<\/p>\n<p class=\"mol-para-with-font\">And separate data showed <a style=\"font-weight: bold;\" target=\"_self\" href=\"https:\/\/www.thisismoney.co.uk\/money\/bills\/article-12412155\/What-inflation-falling-means-you.html\" id=\"mol-b0830be0-850e-11f0-8270-63026493e158\" rel=\"nofollow noopener\">inflation<\/a> jumped from 1.8 per cent to a slightly higher-than-expected 2.1 per cent this month.<\/p>\n<p class=\"mol-para-with-font\">The figures cast a fresh pall over the once mighty industrial powerhouse now routinely described as a the &#8216;sick man of Europe&#8217;.<\/p>\n<p>   <img decoding=\"async\" id=\"i-3e6c25dcfda9a08\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/101677849-15048113-image-m-12_1756498142878.jpg\" height=\"395\" width=\"634\" alt=\"Deepening gloom:\u00a0Official figures showed the jobless total in the country hit 3.02m in August \u2013 up by 46,000 from the previous month\" class=\"blkBorder img-share\" style=\"max-width:100%\" loading=\"lazy\" \/>   <\/p>\n<p class=\"imageCaption\">Deepening gloom:\u00a0Official figures showed the jobless total in the country hit 3.02m in August \u2013 up by 46,000 from the previous month<\/p>\n<p class=\"mol-para-with-font\">Carsten Brzeski, global head of macro at ING Bank, said: &#8216;In Germany, 3million is not just a number. In the context of the labour market, it represents a symbolic threshold \u2013 one that separates strength from weakness.&#8217;<\/p>\n<p class=\"mol-para-with-font\">Germany&#8217;s persistent feeble performance has seen GDP shrink for two consecutive years.<\/p>\n<p class=\"mol-para-with-font\">Further challenges await as Donald Trump&#8217;s 15 per cent tariffs on imports from the European Union start to bite.<\/p>\n<p class=\"mol-para-with-font\">France faces turmoil, too, with borrowing costs driven higher after a confidence vote called by prime minister Francois Bayrou is expected to lead to the government&#8217;s collapse.<\/p>\n<p>DIY INVESTING PLATFORMS<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1756615874_348_A J Bell 2022_122X84.png\" alt=\"Easy investing and ready-made portfolios\" \/>AJ Bell<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1756615874_348_A J Bell 2022_122X84.png\" alt=\"Easy investing and ready-made portfolios\" \/>AJ Bell<\/p>\n<p>Easy investing and ready-made portfolios<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1754819889_537_HL-Logo_122x84.jpg\" alt=\"Free fund dealing and investment ideas\" \/>Hargreaves Lansdown<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1754819889_537_HL-Logo_122x84.jpg\" alt=\"Free fund dealing and investment ideas\" \/>Hargreaves Lansdown<\/p>\n<p>Free fund dealing and investment ideas<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1754819890_799_ii_thisismoney_122x84.png\" alt=\"Flat-fee investing from \u00a34.99 per month\" \/>interactive investor<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1754819890_799_ii_thisismoney_122x84.png\" alt=\"Flat-fee investing from \u00a34.99 per month\" \/>interactive investor<\/p>\n<p>Flat-fee investing from \u00a34.99 per month<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1756615876_753_122x84 Blue.png\" alt=\"Account and trading fee-free ETF investing\" \/>InvestEngine<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1756615876_753_122x84 Blue.png\" alt=\"Account and trading fee-free ETF investing\" \/>InvestEngine<\/p>\n<p>Account and trading fee-free ETF investing<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1756615877_935_T212Logo_Icon_130x90.png\n\" alt=\"Free share dealing and no account fee\" \/>Trading 212<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/1756615877_935_T212Logo_Icon_130x90.png\n\" alt=\"Free share dealing and no account fee\" \/>Trading 212<\/p>\n<p>Free share dealing and no account fee<\/p>\n<p class=\"tim-affiliate-text\">Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.<\/p>\n<p><a href=\"https:\/\/www.thisismoney.co.uk\/money\/diyinvesting\/article-1718291\/Pick-best-cheapest-investment-Isa-platform.html?ico=tim-affiliate_desktop_bottom-link-click\" target=\"_blank\" class=\"optional-btn-wrapper\" rel=\"nofollow noopener\">Compare the best investing account for you <\/a><\/p>\n<p>                    Share or comment on this article:<br \/>\n                        Jobless total in Germany jumps to a 10-year high<\/p>\n","protected":false},"excerpt":{"rendered":"By CITY &amp; FINANCE REPORTER Updated: 06:33 EDT, 30 August 2025 Unemployment in Germany has climbed above 3million&hellip;\n","protected":false},"author":2,"featured_media":104395,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,2222,3881,3880,56,54,55],"class_list":["post-104394","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-money","tag-moneymarkets","tag-thisismoney","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/104394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=104394"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/104394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/104395"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=104394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=104394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=104394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}