News

Switzerland Jobless Rate Drops to 16-Month Low
The Swiss unemployment rate declined to a non-seasonally adjusted 2.8 percent in June 2021, the lowest since February 2020, from 3.1 percent in the previous month, and below market consensus of 2.9 percent, as the number of unemployed people fell by 11,145, or 7.8 percent, to 131,821. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old decreased to 2.2 percent from 2.4 percent, with the number of young unemployed falling by 991, or 7.8 percent, to 11,763. Adjusted for seasonal factors, the unemployment rate edged up to 3.1 percent in June, from 3.0 percent in the previous month.
Published on 2021-07-08

Swiss Jobless Rate Falls to 14-Month Low
The Swiss unemployment rate declined to a non-seasonally adjusted 3.1 percent in May 2021, the lowest since March 2020, as the number of unemployed people fell by 8,313, or 5.5 percent, to 142,966. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, decreased to 2.4 percent from 2.7 percent, with the number of young unemployed falling by 1,350, or 9.6 percent, to 12,754. Adjusted for seasonal factors, the unemployment rate went down to 3.0 percent in May, from a marginally revised 3.2 percent in the previous month.
Published on 2021-06-07

Swiss Jobless Rate Edges Down to 5-Month Low
The Swiss unemployment rate inched down to a non-seasonally adjusted 3.3 percent in April 2021 from 3.4 percent in the previous month, matching market consensus. It was the lowest jobless rate since last November, as the number of unemployed people fell by 6,689, or 4.2 percent, to 151,279. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 2.7 percent from 3.0 percent, with the number of young unemployed falling by 1,457, or 9.4 percent, to 14,104. Adjusted for seasonal factors, the unemployment rate decreased to 3.1 percent in April from 3.3 percent in the previous month.
Published on 2021-05-07

Switzerland Jobless Rate Falls to 4-Month Low
The Swiss unemployment rate declined to a non-seasonally adjusted 3.4 percent in March 2021 from 3.6 percent in the previous month, below market consensus of 3.6 percent. It was the lowest jobless rate since last November, as the number of unemployed people fell by 9,985, or 5.9 percent, to 157,968. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 3.0 percent from 3.3 percent, with the number of young unemployed falling by 1,787, or 10.2 percent, to 15,561. Adjusted for seasonal factors, the unemployment rate inched down to 3.3 percent in February from a revised 3.4 percent in the previous month.
Published on 2021-04-09

Switzerland Jobless Rate Edges Down to 3.6%
The Swiss unemployment rate inched down to a non-seasonally adjusted 3.6 percent in February 2021 from 3.7 percent in the previous month, as the number of unemployed people fell by 1,800, or 1.1 percent, to 167,953. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old edged down to 3.3 percent from 3.4 percent, with the number of young unemployed declining by 438, or 2.5 percent, to 17,328. Adjusted for seasonal factors, the unemployment rate increased to 3.6 percent in February from 3.5 percent in the previous month.
Published on 2021-03-08

Swiss Jobless Rate Highest Since 2010
Switzerland's unemployment rate increased to a non-seasonally adjusted 3.7 percent in January 2021, the highest since April 2010, from 3.5 percent in the previous month. The number of unemployed people rose by 6,208, or 3.8 percent, to 169,753. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old was unchanged at 3.4 percent, with the number of young unemployed increasing by 72, or 0.4 percent, to 17,766. Adjusted for seasonal factors, the unemployment rate came in at 3.5 percent in January, unchanged from an upwardly revised figure in the previous month.
Published on 2021-02-08

Switzerland Jobless Rate Highest Since 2017
The Swiss unemployment rate increased to a non-seasonally adjusted 3.5 percent in December 2020, the highest since January 2017, from 3.3 percent in the previous month and beating market consensus of 3.4 percent. The number of unemployed people rose by 10,275, or 6.7 percent, to 163,545. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old, increased to 3.4 percent from 3.3 percent, with the number of young unemployed increasing by 204, or 1.2 percent, to 17,694. Adjusted for seasonal factors, the unemployment rate came in at 3.4 percent in November, unchanged from the previous month.
Published on 2021-01-08

Switzerland Jobless Rate Highest in 3 Months
The Swiss unemployment rate edged up to a non-seasonally adjusted 3.3 percent in November 2020, the highest since August, from 3.2 percent in the previous month and matching market consensus. The number of unemployed people rose by 4,152, or 2.8 percent, to 153,270. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old, stood at 3.3 percent, with the number of young unemployed decreasing by 72, or 0.4 percent, to 17,490. Adjusted for seasonal factors, the unemployment rate came in at 3.4 percent in November, unchanged from an upwardly revised reading in October.
Published on 2020-12-08

Swiss Jobless Rate Unchanged at 3.2% in October
The Swiss unemployment rate stood at a non-seasonally adjusted 3.2 percent in October 2020, the same as in the previous month and below market consensus of 3.3 percent. The number of unemployed people rose by 558, or 0.4 percent, to 149,118. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 3.3 percent, the lowest in four months, with the number of young unemployed decreasing by 1,508, or 7.9 percent, to 17,562. Adjusted for seasonal factors, the unemployment rate edged down to 3.3 percent in October from an upwardly revised 3.4 percent in September.
Published on 2020-11-09

Swiss Jobless Rate Below Expectations
The Swiss unemployment rate inched down to a non-seasonally adjusted 3.2 percent in September 2020 from 3.3 percent in the previous month and below market consensus of 3.3 percent. The number of unemployed people fell by 2,551, or 1.7 percent, to 148,560. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 3.6 percent from 3.9 percent in August, with the number of young unemployed decreasing by 1,271, or 6.2 percent, to 19,070. Adjusted for seasonal factors, the unemployment rate edged down to 3.3 percent in September from 3.4 percent in August.
Published on 2020-10-08

Switzerland Jobless Rate Highest in 3 Months
The Swiss unemployment rate edged up to a non-seasonally adjusted 3.3 percent in August 2020 from 3.2 percent in the previous month and matching market consensus. This was the highest jobless rate since May, as the number of unemployed people rose by 2,241, or 1.5 percent, to 151,111. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old, increased to 3.9 percent from 3.4 percent in July, with the number of young unemployed rising by 2.446, or 13.7 percent, to 20,341. Adjusted for seasonal factors, the unemployment rate inched up to 3.4 percent in August from 3.3 percent in July.
Published on 2020-09-09

Swiss Jobless Rate Unchanged at 3.2% in July
The Swiss unemployment rate came in at a non-seasonally adjusted 3.2 percent in July 2020, the same as in the previous month. The number of unemployed people dropped by 1,419, or 0.9 percent, to 148,870. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged up to 3.4 percent from 3.3 percent in June, with the number of young unemployed rising by 578, or 3.3 percent, to 17,895. Adjusted for seasonal factors, the unemployment rate held steady at 3.3 percent.
Published on 2020-08-10

Swiss Jobless Rate Falls in June
The Swiss unemployment rate declined to a non-seasonally adjusted 3.2 percent in June 2020 from 3.4 percent in the previous month and compared with market consensus of 3.4 percent, as the number of unemployed people dropped by 5,709, or 3.7 percent, to 150,289. Youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged down to 3.3 percent, with the number of young unemployed decreasing by 441, or 2.5 percent, to 17,317. Adjusted for seasonal factors, the unemployment rate picked up to 3.3 percent from 3.2 percent in May.
Published on 2020-07-08

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