Switzerland Unemployment Rate  1995-2017 | Data | Chart | Calendar

Swiss unadjusted unemployment rate declined to 3.1 percent in May of 2017 from 3.3 percent in April and in line with market estimates. It was the lowest jobless rate since July 2016, as the number of unemployed and jobseekers fell. Unemployment Rate in Switzerland averaged 3.34 percent from 1995 until 2017, reaching an all time high of 5.40 percent in March of 1997 and a record low of 1.60 percent in November of 2000.

Switzerland Unemployment Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-07 05:45 AM Mar 3.4% 3.6% 3.4% 3.5%
2017-05-09 05:45 AM Apr 3.3% 3.4% 3.3% 3.3%
2017-06-08 05:45 AM May 3.1% 3.3% 3.1% 3.2%
2017-07-07 05:45 AM Jun 3.1% 3.1%
2017-08-08 05:45 AM Jul 3%
2017-09-08 05:45 AM Aug 3.1%




Swiss Jobless Rate Falls To 10-Month Low Of 3.1% In March


Swiss unadjusted unemployment rate declined to 3.1 percent in May of 2017 from 3.3 percent in April and in line with market estimates. It was the lowest jobless rate since July 2016, as the number of unemployed and jobseekers fell.

In May, there were 139,778 unemployed persons enrolled at the regional employment centers, about 6,549 less persons than in the prior month. Compared to the same month a year earlier, unemployment decreased by 5,000 persons (-3.5 percent). 

The number of jobseekers reached 202,419, a drop of 5,938 persons compared with April while it decreased by 3,820 compared with the same period last year. 

Youth unemployment (15 to 24 year old) fell 1,260 persons to 14,956. Compared to May 2016, this represents a decrease of 1,767 people (-10.6 percent). 

Adjusted for seasonal factors, the unemployment rate stood at 3.2 percent, the same as a downwardly revised figure in the prior month.

Seco l Rida Husna | rida@tradingeconomics.com
6/8/2017 6:44:05 AM



Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.10 3.30 5.40 1.60 percent [+]
Employed Persons 4982.00 5052.00 5063.00 3242.00 Thousand [+]
Unemployed Persons 146008.73 146605.88 195384.91 -4371.41 [+]
Productivity 100.36 98.71 100.98 76.53 Index Points [+]
Job Vacancies 11365.00 11670.00 22574.00 6086.00 [+]
Wages 6213.76 6189.00 6213.76 5073.00 CHF/Month [+]
Wages in Manufacturing 112.20 110.40 112.20 100.00 Index Points [+]
Population 8.33 8.24 8.33 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 [+]
Employment Change 0.00 0.40 1.20 -0.50 percent [+]
Employment Rate 81.30 80.60 81.30 76.90 percent [+]
Full Time Employment 2860.50 2866.40 2866.40 2628.90 Thousand [+]
Non Farm Payrolls 4884.00 4921.00 4921.00 3841.00 Thousand [+]
Part Time Employment 1667.20 1614.40 1667.20 1064.50 Thousand [+]
Labor Force Participation Rate 69.50 69.50 69.60 67.00 percent [+]
Job Offers 51896.00 52859.00 74527.00 27923.00 [+]
Wage Growth 0.70 0.60 7.80 0.30 percent [+]


Switzerland Unemployment Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.30 5.40 1.60 1995 - 2017 percent Monthly
NSA



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.60 Apr/17
Turkey 11.70 Mar/17
Italy 11.10 Apr/17
France 9.60 Mar/17
Euro Area 9.30 Apr/17
Canada 6.60 May/17
Australia 5.50 May/17
Indonesia 5.33 Mar/17
Russia 5.20 May/17
Netherlands 5.10 May/17
India 4.90 Dec/13
United Kingdom 4.60 Apr/17
United States 4.30 May/17
China 3.97 Mar/17
Germany 3.90 Apr/17
South Korea 3.60 May/17
Mexico 3.50 Apr/17
Switzerland 3.10 May/17
Japan 2.80 Apr/17