Switzerland Employment Change - Forecast

Employment Change in Switzerland is expected to be 0.32 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Switzerland to stand at 0.31 in 12 months time. In the long-term, the Switzerland Employment Change is projected to trend around 0.30 percent in 2020, according to our econometric models.


Forecast Data Chart
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Switzerland Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 2.4 2.5 2.5 2.6 2.7 3.2
Employed Persons 5046 5068 5078 5088 5098 5180
Unemployed Persons 106586 103476 103542 104199 104273 104129
Productivity 105 106 106 106 106 105
Job Vacancies 33132 42577 51421 59702 67456 118410
Wages 6260 6270 6320 6320 6291 6370
Wages in Manufacturing 113 115 117 114 115 118
Population 8.48 8.48 8.55 8.53 8.55 8.66
Retirement Age Women 64 64 64 64 64 64
Retirement Age Men 65 65 65 65 65 65
Wage Growth 0.8 0.99 1.16 1.24 1.28 1.48
Youth Unemployment Rate 2.5 2.19 2.21 2.23 2.23 2.22
Job Offers 70578 70492 74111 74184 72954 74685
Labor Force Participation Rate 68.4 68.47 68.43 68.44 68.46 68.45
Long Term Unemployment Rate 1.9 1.66 1.84 1.66 1.84 1.67
Non Farm Payrolls 5048 4991 4995 4999 5204 5025
Part Time Employment 1650 1654 1641 1637 1622 1641
Employment Change 0.3 0.32 0.29 0.3 0.31 0.3
Employment Rate 79.9 80 79.64 79.89 79.76 79.85
Full Time Employment 2798 2832 2811 2822 2842 2833