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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Unemployed Persons NSA fell to 2.8M in May 2015
FMPMonthlyReleased June 2015
Germany Unemployed Persons NSA fell to 2.8M in May 2015, released June 2015, down 0.04M from April's 2.84M reading. The reading matched the 2.8M consensus.
Latest Release
2.8
Actual
2.8
Consensus
2.843
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| DAX | ▲ Direct | +0.55 | INDEX | Bullish DE | → View |
| EUR/USD | ▲ Direct | +0.50 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/CHF | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Unemployed Persons NSA (Germany) was reported at 2.80 million in June 2015. This matched the market consensus of 2.80 million exactly. The reading fell from the previous value of 2.84 million.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with DAX (Bullish DE). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Bundesbank Balz Speech (Jun 17) and Bundesbank Nagel Speech (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update June 2015.
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Unemployed Persons NSA - DE
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About Unemployed Persons NSA — Germany
DEFINITION
Unemployed Persons NSA is a financial indicator that measures the number of individuals who are currently unemployed and actively seeking employment, without seasonal adjustments. This data provides insight into the current state of the job market and can be used to track changes in unemployment rates over time. It is a valuable tool for businesses, policymakers, and economists to understand the overall health of the economy and make informed decisions.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2015): actual 2.8 M, consensus 2.8 M.
WHAT'S NEXT
This indicator correlates most strongly with DAX (Bullish DE, r=0.55) — a useful reference for index-focused traders.