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

Swiss unadjusted unemployment rate stood at 3.0 percent in July of 2017, the same as in June and in line with market estimates. The jobless rate remained at its lowest since October 2014, as the number of unemployed and jobseekers fell. Adjusted for seasonal factors, the unemployment rate came in at 3.2 percent, the same as the prior three months. 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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Swiss Jobless Rate Steady at 32-Month Low in July


Swiss unadjusted unemployment rate stood at 3.0 percent in July of 2017, the same as in June and in line with market estimates. The jobless rate remained at its lowest since October 2014, as the number of unemployed and jobseekers fell.

In July, there were 133,926 unemployed persons enrolled at the regional employment centers, about 323 less persons than in the prior month. Compared to the same month a year earlier, unemployment decreased by 5,384 persons (-3.9 percent). 

The number of jobseekers reached 195,223, a drop of 1,673 persons compared with June while it decreased by 4,124 compared with the same period last year. 

Youth unemployment (15 to 24 year old) went up by 1,555 persons to 15,663. Compared to July 2016, this represents a decrease of 1,444 people (-8.4 percent). 

Adjusted for seasonal factors, the unemployment rate came in at 3.2 percent, the same as the prior three months.

Seco l Rida Husna | rida@tradingeconomics.com
8/8/2017 5:55:22 AM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-08 05:45 AM May 3.1% 3.3% 3.1% 3.2%
2017-07-07 05:45 AM Jun 3.0% 3.1% 3% 3.1%
2017-08-08 05:45 AM Jul 3% 3% 3% 3%
2017-09-08 05:45 AM Aug 3% 3.1%
2017-10-10 05:45 AM Sep 3.2%
2017-11-09 06:45 AM Oct 3.2%


Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.00 3.00 5.40 1.60 percent [+]
Employed Persons 4982.00 5052.00 5063.00 3242.00 Thousand [+]
Unemployed Persons 143674.50 143530.16 195384.91 -4371.41 [+]
Productivity 100.36 98.71 100.98 76.53 Index Points [+]
Job Vacancies 11701.00 11438.00 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 [+]
Employment Change 0.00 0.40 1.20 -0.50 percent [+]
Employment Rate 79.30 81.30 81.30 76.90 percent [+]
Full Time Employment 2761.50 2818.30 2818.30 2628.90 Thousand [+]
Non Farm Payrolls 4884.00 4921.00 4921.00 3841.00 Thousand [+]
Part Time Employment 1659.00 1648.60 1659.00 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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 5.40 1.60 1995 - 2017 percent Monthly
NSA



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 13.00 Jun/17
Italy 11.10 Jun/17
Turkey 10.20 May/17
France 9.50 Jun/17
Euro Area 9.10 Jun/17
Canada 6.30 Jul/17
Australia 5.60 Jul/17
Indonesia 5.33 Mar/17
Russia 5.10 Jul/17
India 4.90 Dec/13
Netherlands 4.80 Jul/17
United Kingdom 4.40 Jun/17
United States 4.30 Jul/17
China 3.95 Jun/17
Germany 3.80 Jun/17
South Korea 3.60 Jul/17
Mexico 3.30 Jun/17
Switzerland 3.00 Jul/17
Japan 2.80 Jun/17