FX.co ★ German Unemployment Rises to 3.085 Million in January 2026

Germany’s non-seasonally adjusted unemployment rose to 3.085 million in January 2026, up from 2.910 million in December 2025, according to the latest data released on 30 January 2026. The increase of 175,000 unemployed persons reflects the typical early-year uptick often seen in the labor market as temporary contracts expire and seasonal work slows.

The data underline a weakening in labor market conditions compared with the end of 2025, when unemployment had stood at 2.910 million. While January figures are commonly higher, the latest reading will be watched closely by markets and policymakers for signs of whether this rise is driven mainly by seasonal factors or points to more persistent underlying softness in Europe’s largest economy.

With the German economy navigating a challenging external environment and domestic demand still under pressure, the January unemployment data will likely feed into expectations around future fiscal and labor-market policy, as investors assess how resilient employment will remain through 2026.