The indicator shows the percentage of unemployed population relative to the entire employable population.
It is given with the account of seasonal adjustments and without the account of seasonal adjustments.
The key indicator is the indicator, given with the account of seasonal adjustments.
High unemployment affects the reduction of average wages and expenses of the consumers. Since the consumers’ expenses represent the major part of all expenses, increasing unemployment often leads to deceleration of economic growth
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As the economy of Germany is leading the EU, the market participants are closely watching this indicator.