Switzerland Unemployment Rate  Forecast


Unemployment Rate in Switzerland is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Switzerland to stand at 3.20 in 12 months time. In the long-term, the Switzerland Unemployment Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.


Switzerland Unemployment Rate
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Switzerland Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 3 3.4 3.5 3 3.2 3.5
Employed Persons 5018 5009 5012 5011 5009 4992
Unemployed Persons 142875 139604 136838 133819 130623 102765
Productivity 101 101 101 101 101 101
Job Vacancies 12095 12122 12149 12175 12201 12420
Wages 6257 6251 6248 6244 6240 6184
Wages in Manufacturing 113 114 114 114 115 115
Population 8.42 8.42 8.49 8.49 8.49 8.66
Retirement Age Women 64 63.86 63.86 63.86 63.86 65
Retirement Age Men 65 65 65 65 65 65
Employment Change 0.6 0.45 0.44 0.39 0.42 0.42
Employment Rate 79.8 79.81 79.45 79.68 79.41 79.25
Full Time Employment 2762 2792 2769 2759 2771 2760
Non Farm Payrolls 4915 4929 4915 4927 4931 4902
Part Time Employment 1659 1646 1646 1645 1645 1640
Labor Force Participation Rate 68.4 68.18 68.1 68.07 68.02 67.82
Job Offers 51896 51414 51352 51287 51219 51022
Wage Growth 0.7 0.83 0.87 0.9 0.93 1.19