Measures the change in the number of employed individuals in the German labor force. Employment is a significant economic indicator to watch, particularly because Germany is the largest economy in the Euro-zone. A positive or rising Employment Change has positive implications for consumer spending as more workers are receiving paychecks. While increased consumer spending spurs economic growth, uncontrolled spending raises inflationary risks.

Although Employment Change is released monthly, it generally moves the market only modestly due to seasonal volatility. Thus, Employment Change gives the most insight when considered in the long term.

The headline is expressed in employment change in thousands.

Note: A high or rising Employment Change figure should not be assumed to correlate to decreasing unemployment, as such would not be the case if the labor force growth matches or outpaces Employment Change.

Relevance: Rarely affects markets
Release schedule : 7.55 (GMT); Irregular release schedule, mostly monthly release
Source of report : Federal Statistical Office Germany
Web Address : http://www.destatis.de/e_home.htm
Address of release : http://www.destatis.de/indicators/e/tkarb810.htm
AKA : Employment Situation, Employment Rate, ILO labor market statistics