The Swiss unemployment rate edged down to a non-seasonally adjusted 2.5 percent in October 2021, the lowest since February 2020. The number of unemployed people fell by 3,561, or 3.0 percent to 116,733. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to a 27-month low of 2.1 percent from 2.4 percent in September, with the number of young unemployed falling by 1,382, or 11.0 percent to 11,171. Adjusted for seasonal factors, the unemployment rate ticked down to 2.7 percent in October from 2.8 percent in September. source: State Secretariat for Economic Affairs
Unemployment Rate in Switzerland averaged 3.21 percent from 1995 until 2021, 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. This page provides - Switzerland Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Unemployment Rate in Switzerland is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Unemployment Rate is projected to trend around 3.20 percent in 2022 and 2.80 percent in 2023, according to our econometric models.