Switzerland Unemployment Rate  1995-2018 | Data | Chart | Calendar

The Swiss unemployment rate fell to a non-seasonally adjusted 2.9 percent in March 2018 from 3.2 percent in the prior month and below market expectations of 3 percent. It was the lowest jobless rate since September 2014, as the number of unemployed declined by 13.5 thousand from the previous month to 130.4 thousand. When adjusted for seasonal factors, the unemployment rate stood at 2.9 percent, the same rate as in February. Unemployment Rate in Switzerland averaged 3.29 percent from 1995 until 2018, reaching an all time high of 5.70 percent in January of 1997 and a record low of 1.50 percent in May of 2001.

Switzerland Unemployment Rate
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Swiss Jobless Rate Lowest Since 2014


The Swiss unemployment rate fell to a non-seasonally adjusted 2.9 percent in March 2018 from 3.2 percent in the prior month and below market expectations of 3 percent. It was the lowest jobless rate since September 2014, as the number of unemployed declined further.

The number of unemployed people declined by 13,517 from the previous month to 130,413 in March. Compared to the same month a year earlier, unemployment fell by 21,867, or 14.4 percent. 

The number of jobseekers decreased by 7,498 from the previous period to 201,119. The number decreased by 16,129, or 7.4 percent, compared with the same period last year. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, also fell to 2.5 percent in March from 2.9 percent in February. The number of young unemployed dropped by 2,240 to 13,551. Compared to March last year, it decreased by 4,012 people, or 22.8 percent. 

When adjusted for seasonal factors, the unemployment rate stood at 2.9 percent, the same rate as in February.



Seco l Rida Husna | rida@tradingeconomics.com
4/9/2018 1:05:40 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-02-09 06:45 AM Unemployment Rate 3.3% 3.3% 3.4% 3.4%
2018-03-08 06:45 AM Unemployment Rate 3.2% 3.3% 3.4% 3.3%
2018-04-09 05:45 AM Unemployment Rate 2.9% 3.2% 3% 3.1%
2018-05-08 05:45 AM Unemployment Rate 2.9% 3%
2018-06-07 05:45 AM Unemployment Rate 3%
2018-07-09 05:45 AM Unemployment Rate 2.9%


Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.90 3.20 5.70 1.50 percent [+]
Employed Persons 5012.00 5025.00 5063.00 3242.00 Thousand [+]
Unemployed Persons 130413.00 143930.00 206291.00 26.00 [+]
Productivity 101.66 101.19 102.98 77.83 Index Points [+]
Job Vacancies 12714.00 12843.00 22574.00 6086.00 [+]
Wages 6257.26 6213.76 6257.26 5073.00 CHF/Month [+]
Wages in Manufacturing 113.20 112.20 113.20 100.00 Index Points [+]
Population 8.42 8.33 8.42 5.30 Million [+]
Retirement Age Women 64.00 64.00 64.00 63.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 0.50 0.30 7.80 0.10 percent [+]
Youth Unemployment Rate 2.50 2.90 5.70 1.40 percent [+]
Job Offers 62103.00 58638.00 78215.00 29043.00 [+]
Labor Force Participation Rate 68.60 68.60 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.60 1.70 2.00 1.40 percent [+]
Non Farm Payrolls 4962.00 4956.00 4962.00 3841.00 Thousand [+]
Part Time Employment 1663.80 1620.50 1663.80 1064.50 Thousand [+]
Employment Change 0.00 0.10 1.20 -0.60 percent [+]
Employment Rate 80.20 79.90 81.30 76.90 percent [+]
Full Time Employment 2822.30 2839.10 2839.10 2628.90 Thousand [+]


Switzerland Unemployment Rate

In Switzerland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Switzerland Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.20 5.70 1.50 1995 - 2018 percent Monthly
NSA




unemployment rate by Country
Country Last
Spain 16.55 Dec/17
Brazil 12.60 Feb/18
Italy 10.90 Feb/18
Turkey 10.80 Jan/18
France 8.90 Dec/17
Euro Area 8.50 Feb/18
Canada 5.80 Mar/18
Australia 5.50 Mar/18
Indonesia 5.50 Sep/17
Russia 5.00 Mar/18
United Kingdom 4.20 Feb/18
United States 4.10 Mar/18
South Korea 4.00 Mar/18
China 3.90 Dec/17
Netherlands 3.90 Mar/18
India 3.52 Dec/17
Germany 3.50 Feb/18
Mexico 3.20 Feb/18
Switzerland 2.90 Mar/18
Japan 2.50 Feb/18


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