Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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46 February, 2021 Key Sources: Nav.html Germany Total Workforce (000s) Dec '20 44,596 Unemployed Workers (000s) 2,051 Unemployment Rate 4.6% Youth Unemployment Rate 6.1% 14,488 38,734 14,800 1,324 11,068 3,371 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 66.1% 66.2% 66.3% 66.7% 67.1% 54.3% 54.7% 55.0% 55.2% 55.6% 2015 2016 2017 2018 2019 Male Participation Female Participation 18.8% of the population of Germany is foreign born. 3.9 million Germans have emigrated. The unemployment gap between foreign born and native born populations was 3 percentage points in 2019. 77% of the population live in urban areas. During 2015/16 over a million people entered Germany as refugees and asylum seekers mostly from Syria. Since that time, there has been cap on irregular migration of up to 220,000 per year. Due to Covid-19, fewer than a third of this number entered Germany in 2020. More than 70K Covid-19 deaths. Germany borders are closed to countries except for the EU and low risk countries. Arrivals from Ireland, South Africa, the UK, Portugal and Brazil are banned. Non-essential shops are generally closed. Restrictions have been implemented at a local and regional level. Schools have reopened for some year groups. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Unemployment Rate by Gender (25 years+) Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands 2.6 million workers remained on short-time work (furlough) during January 2021 although this was lower than the 6 million in April 2020. In December 2020, there were 509K more unemployed people compared to the previous year. 3.7% 4.3% 4.2% 4.0% 4.6% 2.5% 4.0% 4.1% 4.3% 4.2% 2020 Jan 2020 Apr 2020 Jul 2020 Oct 2021 Jan Unemployment Rate Males Unemployment Rate Females

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