Switzerland Employment Rate - Forecast

Employment Rate in Switzerland is expected to be 79.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Switzerland to stand at 79.65 in 12 months time. In the long-term, the Switzerland Employment Rate is projected to trend around 79.63 percent in 2020, according to our econometric models.


Forecast Data Chart
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Switzerland Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.4 2.3 2.5 2.5 2.6 3.2
Employed Persons 5046 5057 5068 5078 5088 5180
Unemployed Persons 107893 110966 117809 117637 115920 116120
Productivity 105 105 106 106 106 105
Job Vacancies 28496 33425 63893 79812 95654 1614
Wages 6260 6270 6270 6320 6320 6370
Wages in Manufacturing 113 115 115 117 114 118
Population 8.48 8.48 8.48 8.55 8.53 8.66
Retirement Age Women 64 64 64 64 64 64
Retirement Age Men 65 65 65 65 65 65
Wage Growth 0.8 1.02 0.99 1.16 1.24 1.48
Youth Unemployment Rate 2.6 2.89 2.82 2.68 2.69 2.71
Job Offers 70578 69379 70492 74111 74184 74685
Labor Force Participation Rate 68.4 68.49 68.47 68.43 68.44 68.45
Long Term Unemployment Rate 1.9 1.84 1.66 1.84 1.66 1.67
Non Farm Payrolls 5048 4983 4991 4995 4999 5025
Part Time Employment 1650 1620 1654 1641 1637 1641
Employment Change 0.3 0.2 0.21 0.15 0.19 0.18
Employment Rate 79.4 79.6 79.83 79.5 79.65 79.63
Full Time Employment 2798 2844 2832 2811 2822 2833