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

The Swiss unemployment rate declined to a non-seasonally adjusted 2.4 percent in May 2018 from 2.7 percent in the previous month and below market expectations of 2.5 percent. It was the lowest jobless rate since September 2008, as the number of unemployed fell further. Unemployment Rate in Switzerland averaged 3.28 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 September 2008


The Swiss unemployment rate declined to a non-seasonally adjusted 2.4 percent in May 2018 from 2.7 percent in the previous month and below market expectations of 2.5 percent. It was the lowest jobless rate since September 2008, as the number of unemployed fell further.

In May, the number of unemployed people declined by 10,389 from the previous month to 109,392. Compared to the same month a year earlier, unemployment fell by 30,386, or 21.7 percent.

The number of jobseekers decreased by 8,593 to 185,467. The number decreased by 16,952, or 8.4 percent, compared with the same period last year. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, fell to 2 percent in May in from 2.2 percent in April. It was the lowest figure since October 2001. The number of young unemployed dropped by 1,015 to 10,901. Compared to May 2017, it decreased by 4,055 people, or 27.1 percent. 

When adjusted for seasonal factors, the unemployment rate edged down to 2.6 percent in May from 2.7 percent in April.


Seco | Rida | rida@tradingeconomics.com
6/7/2018 10:55:20 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-09 05:45 AM Unemployment Rate 2.9% 3.2% 3% 3.1%
2018-05-08 05:45 AM Unemployment Rate 2.7% 2.9% 2.9% 3%
2018-06-07 05:45 AM Unemployment Rate 2.4% 2.7% 2.5% 2.7%
2018-07-09 05:45 AM Unemployment Rate 2.4% 2.6%
2018-08-09 05:45 AM Unemployment Rate 2.6%
2018-09-07 05:45 AM Unemployment Rate 2.6%


Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 2.70 5.70 1.50 percent [+]
Employed Persons 5025.00 5012.00 5063.00 3242.00 Thousand [+]
Unemployed Persons 109392.00 119781.00 206291.00 26.00 [+]
Productivity 102.90 102.56 103.02 77.83 Index Points [+]
Job Vacancies 14102.00 13538.00 22574.00 6086.00 [+]
Wages 6260.00 6235.00 6260.00 5082.00 CHF/Month [+]
Wages in Manufacturing 113.10 113.20 113.20 100.00 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 0.40 0.50 7.80 0.10 percent [+]
Youth Unemployment Rate 2.00 2.20 5.70 1.40 percent [+]
Job Offers 70578.00 62103.00 78215.00 29043.00 [+]
Labor Force Participation Rate 68.40 68.60 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.60 1.70 2.00 1.40 percent [+]
Non Farm Payrolls 4961.00 4962.00 4962.00 3841.00 Thousand [+]
Part Time Employment 1649.50 1663.80 1663.80 1064.50 Thousand [+]
Employment Change 0.30 0.00 1.20 -0.60 percent [+]
Employment Rate 80.20 79.90 81.30 76.90 percent [+]
Full Time Employment 2798.30 2822.30 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.70 5.70 1.50 1995 - 2018 percent Monthly
NSA




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 12.90 Apr/18
Italy 11.20 Apr/18
Turkey 10.60 Feb/18
France 9.20 Mar/18
Euro Area 8.50 Apr/18
Canada 5.80 May/18
Australia 5.40 May/18
Indonesia 5.13 Mar/18
Russia 4.90 Apr/18
United Kingdom 4.20 Apr/18
South Korea 4.00 May/18
Netherlands 3.90 Apr/18
China 3.89 Mar/18
United States 3.80 May/18
India 3.52 Dec/17
Germany 3.40 Apr/18
Mexico 3.40 Apr/18
Japan 2.50 Apr/18
Switzerland 2.40 May/18


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