Long Term Unemployment Rate in Switzerland increased to 1.50 percent in the first quarter of 2020 from 1.20 percent in the fourth quarter of 2019.
Long Term Unemployment Rate in Switzerland averaged 1.64 percent from 2010 until 2020, reaching an all time high of 2 percent in the third quarter of 2015 and a record low of 1.20 percent in the fourth quarter of 2019. This page provides - Switzerland Long Term Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Long Term Unemployment Rate - values, historical data and charts - was last updated on July of 2020.
Long Term Unemployment Rate in Switzerland is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Switzerland to stand at 0.70 in 12 months time. In the long-term, the Switzerland Long Term Unemployment Rate is projected to trend around 0.70 percent in 2021 and 0.30 percent in 2022, according to our econometric models.