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

The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in July 2018, unchanged from the previous month. The jobless rate remained at its lowest level since September 2008, as the number of unemployed declined further. When adjusted for seasonal factors, the unemployment rate stood at 2.6 percent in July, the same as in June. 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 July Jobless Rate Steady at Near 10-Year Low


The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in July 2018, unchanged from the previous month. The jobless rate remained at its lowest level since September 2008.

The number of unemployed people declined by 527 from the previous month, or 0.5 percent, to 106,052 in July. Compared to the same month a year earlier, unemployment fell by 27,874, or 20.8 percent.

Also, the number of jobseekers was almost unchanged at 179,857 in July, and declined by 15,366 year-on-year, or 7.9 percent. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, rose to 2.1 percent in July from a near 17-year low of 1.9 percent in June. The number of young unemployed increased by 1,070 to 11,807. Compared to July 2017, it decreased by 3,856 people, or 24.6 percent. 

When adjusted for seasonal factors, the unemployment rate stood at 2.6 percent in July, the same as in June.


SECO | Rida | rida@tradingeconomics.com
8/9/2018 9:58:50 AM



Calendar GMT Actual Previous Consensus TEForecast
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% 2.4% 2.4%
2018-08-09 05:45 AM Unemployment Rate 2.4% 2.4% 2.4% 2.4%
2018-09-07 05:45 AM Unemployment Rate 2.4% 2.4%
2018-10-08 05:45 AM Unemployment Rate 2.3%
2018-11-08 06:45 AM Unemployment Rate 2.4%


Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 2.40 5.70 1.50 percent [+]
Employed Persons 5025.00 5012.00 5063.00 3242.00 Thousand [+]
Unemployed Persons 106052.00 106579.00 206291.00 26.00 [+]
Productivity 102.90 102.56 103.02 77.83 Index Points [+]
Job Vacancies 15586.00 15195.00 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 8.48 8.42 8.48 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 0.80 0.40 7.80 0.10 percent [+]
Youth Unemployment Rate 2.10 1.90 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 1.90 1.60 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 79.40 80.20 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 August of 2018.

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




unemployment rate by Country
Country Last
Spain 15.30 Jun/18
Brazil 12.40 Jun/18
Italy 10.90 Jun/18
Turkey 9.70 May/18
France 9.10 Jun/18
Euro Area 8.30 Jun/18
Canada 5.80 Jul/18
Australia 5.30 Jul/18
Indonesia 5.13 Mar/18
Russia 4.70 Jul/18
United Kingdom 4.00 Jun/18
United States 3.90 Jul/18
China 3.83 Jun/18
Netherlands 3.80 Jul/18
South Korea 3.80 Jul/18
India 3.52 Dec/17
Germany 3.40 Jun/18
Mexico 3.40 Jun/18
Japan 2.40 Jun/18
Switzerland 2.40 Jul/18


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