News

Swiss Jobless Rate at Over 3-Year High
The Swiss unemployment rate edged up to a non-seasonally adjusted 3.4 percent in May 2020 from 3.3 percent in the previous month and compared with market consensus of 3.5 percent. This was the highest jobless rate since February 2017, as the number of unemployed people rose by 2,585, or 1.7 percent, to 155,998. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, ticked up to 3.4 percent, the highest since September 2017, with the number of young unemployed increasing by 567, or 3.3 percent, to 17,758. Adjusted for seasonal factors, the unemployment rate rose to 3.4 percent from 3.1 percent in April.
Published on 2020-06-09

Swiss Jobless Rate Highest in Over 3 Years
The Swiss unemployment rate increased to a non-seasonally adjusted 3.3 percent in April 2020 from 2.9 percent in the previous month, and in line with market expectations. It was the highest jobless rate since March 2017, as the number of unemployed people surged by 17,789, or 13.1 percent, to 153,413. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, rose to 3.3 percent from 2.8 percent in March, with the number of young unemployed increasing by 2,635, or 18.1 percent, to 17,191. Adjusted for seasonal factors, the unemployment rate rose to 3.3 percent from 2.9 percent in March.
Published on 2020-05-07

Swiss Jobless Rate Highest in Over 2 Years
The Swiss unemployment rate increased to a non-seasonally adjusted 2.9 percent in March 2020 from 2.5 percent in the previous month, and above market expectations of 2.8 percent. It was the highest rate since February 2018, as the number of unemployed people surged by 17,802, or 15.1 percent, to 135,624. Compared with a year earlier, unemployment jumped by 23,283, or 20.7 percent. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, rose to 2.8 percent in March from 2.3 percent in February, with the number of young unemployed increasing by 2,436, or 20.1 percent, to 14,556. Adjusted for seasonal factors, the unemployment rate rose to 2.8 percent from an upwardly revised 2.6 percent in February.
Published on 2020-04-07

Swiss Jobless Rate Inches Lower in February
The Swiss unemployment rate edged down to a non-seasonally adjusted 2.5 percent in February 2020 from 2.6 percent in the previous month, as the number of unemployed people decreased by 3,196, or 2.6 percent, to 117,822. Compared with a year earlier, unemployment fell by 1,651, or 1.4 percent. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, inched lower to 2.3 percent in February from 2.4 percent in January, with the number of young unemployed falling by 477, or 3.8 percent, to 12,120. Adjusted for seasonal factors, the unemployment rate was unchanged at 2.3 percent in February.
Published on 2020-03-09

Swiss Jobless Rate Rises to 2.6% in January
The Swiss unemployment rate edged up to a non-seasonally adjusted 2.6 percent in January 2020 from 2.5 percent in December. The number of unemployed people increased by 3,741 from the prior month, or 3.2 percent, to 121,018. Compared to January 2019, unemployment fell by 2,944, or 2.4 percent. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, was unchanged at 2.4 percent, with the number of young unemployed growing by 207, or 1.7 percent, to 12,597. Adjusted for seasonal factors, the unemployment rate was unchanged at 2.3 percent in January.
Published on 2020-02-10

Swiss December Jobless Rate Above Forecasts
The Swiss unemployment rate rose to a non-seasonally adjusted 2.5 percent in December 2019 from 2.3 percent in November, above market consensus of 2.4 percent. The number of unemployed people increased by 10,947 from the prior month, or 10.3 percent, to 117,277. Compared to the same month 2018, unemployment fell by 2,384, or 2 percent. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, went up to 2.4 percent from 2.3 percent in November, with the number of young unemployed growing by 430, or 3.6 percent, to 12,390. Compared with December 2018, it fell by 782, or 5.9 percent. Adjusted for seasonal factors, the unemployment rate was unchanged at 2.3 percent in December.
Published on 2020-01-10

Swiss Jobless Rate Rises to 7-Month High in November
The Swiss unemployment rate inched higher to a non-seasonally adjusted 2.3 percent in November 2019 from 2.2 percent in the previous month. This marked the highest jobless rate since April, as the number of unemployed rose.
Published on 2019-12-09

Swiss Jobless Rate Rises to 5-Month High in October
The Swiss unemployment rate edged up to a non-seasonally adjusted 2.2 percent in October 2019 from 2.1 percent in the previous four months and in line with market expectations. This marked the highest jobless rate since May, as the number of unemployed rose.
Published on 2019-11-08

Swiss Jobless Rate Steady at 17-1/2-Year Low
The Swiss unemployment rate came in at a non-seasonally adjusted 2.1 percent in September 2019, remaining at the lowest level since November 2001.
Published on 2019-10-08

Swiss Jobless Rate Steady at 2.1% for 3rd Month
The Swiss unemployment rate came in at a non-seasonally adjusted 2.1 percent in July 2019, unchanged from a 17-1/2-year low and below market expectations of 2.2 percent.
Published on 2019-09-09

Swiss Jobless Rate Holds Steady at Over 17-Year Low
The Swiss unemployment rate stood at a non-seasonally adjusted 2.1 percent in July 2019, unchanged from the previous month's 17-1/2- year low.
Published on 2019-08-09

Swiss Jobless Rate Lowest Since November 2001
The Swiss unemployment rate dropped to to a non-seasonally adjusted 2.1 percent in June 2019 from 2.3 percent in the previous month and below market expectations of 2.2 percent. This was the lowest jobless rate since November 2001, as the number of unemployed declined further.
Published on 2019-07-09

Swiss Jobless Rate Falls to Near 11-Year Low
The Swiss unemployment rate edged down to a non-seasonally adjusted 2.3 percent in May 2019 from 2.4 percent in the previous month and matching market expectations. This was the lowest jobless rate since July 2008, as the number of unemployed declined further.
Published on 2019-06-07

Swiss Jobless Rate Lowest in 6 Months
The Swiss unemployment rate inched lower to a non-seasonally adjusted 2.4 percent in April 2019 from 2.5 percent in the previous month. This was the lowest jobless rate since October last year, as the number of unemployed dropped further.
Published on 2019-05-08

Swiss Jobless Rate Falls to 4-Month Low
The Swiss unemployment rate dropped to a non-seasonally adjusted 2.5 percent in March 2019 from 2.7 percent in the previous month. It was the lowest jobless rate since November last year, as the number of unemployed declined further. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, fell to an eight-month low of 2.1 percent from 2.3 percent a month earlier. When adjusted for seasonal factors, the unemployment rate stood at 2.4 percent in March, unchanged from the previous month.
Published on 2019-04-09

Swiss Jobless Rate Inches Lower to 2.7% in February
The Swiss unemployment rate edged down to a non-seasonally adjusted 2.7 percent in February 2019 from a ten-month high of 2.8 percent in the previous month, as the number of unemployed fell. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, was down to 2.3 percent from 2.4 percent a month earlier. When adjusted for seasonal factors, the unemployment rate was unchanged at 2.4 percent in February.
Published on 2019-03-07

Swiss Jobless Rate Rises to 10-Month High of 2.8%
The Swiss unemployment rate edged up to a non-seasonally adjusted 2.8 percent in January 2019 from 2.7 percent in the previous month. It was the highest jobless rate since March 2018, as the number of unemployed increased markedly.
Published on 2019-02-08

Swiss Jobless Rate Rises to 8-Month High
The Swiss unemployment rate rose to a non-seasonally adjusted 2.7 percent in December 2018 from 2.5 percent in the previous month. It was the highest jobless rate since April as the number of unemployed rose markedly. When adjusted for seasonal factors, the unemployment rate stood at 2.4 percent, unchanged from the previous month.
Published on 2019-01-08

Swiss Jobless Rate Rises to 2.5%
The Swiss unemployment rate inched higher to a non-seasonally adjusted 2.5 percent in November 2018 from a 10-year low of 2.4 percent in the previous month, as the number of unemployed increased by 2.9 percent. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, was unchanged at 2.4 percent in November. When adjusted for seasonal factors, the unemployment rate eased to 2.4 percent in November from 2.5 percent in the previous month, and in line with market consensus.
Published on 2018-12-10

Swiss Jobless Rate Holds Steady at 10-Year Low
The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in October 2018, unchanged from the previous five months and the lowest since September 2008. When adjusted for seasonal factors, the unemployment rate stood at 2.5 percent in October, the same as in September.
Published on 2018-11-08