Germany Unemployment comes in at 3.012M against 2.992M consensus

Germany’s Unemployment data was released today, September 30, 2026, at 08:02 UTC. The actual number of unemployed individuals came in at 3.012 million. This figure was higher than the consensus expectation of 2.992 million, representing a 0.7% surprise against the consensus. The previous unemployment figure was 2.996 million.

Following the release, the Euro showed varied movements against major currencies. EURUSD moved up 3.1 pips five minutes after the release and was up 6.2 pips after fifteen minutes. EURJPY saw a rise of 7.1 pips at the five-minute mark, extending to 18 pips after fifteen minutes. EURNZD was up 1.9 pips after five minutes and 13 pips after fifteen minutes. For EURUSD, the 15-minute move of 6.2 pips is slightly above its median 1-hour move of 5 pips. For EURJPY, the 15-minute move of 18 pips is approaching its median 1-hour move of 10 pips and is significant compared to its top-quarter releases moving 19+ pips. EURNZD’s 15-minute move of 13 pips is close to its median 1-hour move of 14 pips. For other pairs, the measured moves so far are relatively small compared to their typical 1-hour movements.