Switzerland Jobless Rate Ticks Down to 3.1%

2026-04-08 07:08 By Judith Sib-at 1 min. read

Switzerland’s non-seasonally adjusted unemployment rate edged down to 3.1% in March 2026 from 3.2% in each of the previous two months, which had marked the highest level since April 2021.

The latest reading came in slightly below market expectations of 3.2%.

The number of unemployed persons fell by 4.8 thousand from a month earlier to a four-month low of 146.3 thousand.

The youth unemployment rate, measuring job-seekers between 15 and 24 years old, dropped to 2.9%, the lowest level since July 2025, from 3.1% in February, with the number of young unemployed decreasing by 0.9 thousand to 12.6 thousand.

Meanwhile, reported job vacancies increased by 0.7 thousand to 48.8 thousand.

On a seasonally adjusted basis, the jobless rate remained unchanged at 3.0% in March.



News Stream
Switzerland Jobless Rate Ticks Down to 3.1%
Switzerland’s non-seasonally adjusted unemployment rate edged down to 3.1% in March 2026 from 3.2% in each of the previous two months, which had marked the highest level since April 2021. The latest reading came in slightly below market expectations of 3.2%. The number of unemployed persons fell by 4.8 thousand from a month earlier to a four-month low of 146.3 thousand. The youth unemployment rate, measuring job-seekers between 15 and 24 years old, dropped to 2.9%, the lowest level since July 2025, from 3.1% in February, with the number of young unemployed decreasing by 0.9 thousand to 12.6 thousand. Meanwhile, reported job vacancies increased by 0.7 thousand to 48.8 thousand. On a seasonally adjusted basis, the jobless rate remained unchanged at 3.0% in March.
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Switzerland Jobless Rate Unchanged at 3.2%
Switzerland’s non-seasonally adjusted unemployment rate held steady at 3.2% in February 2026, remaining at its highest level since April 2021. The number of unemployed persons dropped by 1.2 thousand from a month earlier to 151.1 thousand. Meanwhile, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged down to 3.1% from 3.2%, with the number of young unemployed falling by just 0.2 thousand to 13.5 thousand. At the same time, reported job vacancies decreased by 0.8 thousand to 48.1 thousand. On a seasonally adjusted basis, the jobless rate ticked up to 3.0% in February from 2.9% in the previous month.
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Switzerland’s non-seasonally adjusted unemployment rate was unchanged at 2.9% in November 2025, remaining at its highest level since March. The number of unemployed persons increased by 3.6 thousand from a month earlier to 138.9 thousand, the highest in four and a half years. Meanwhile, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, held steady at 3.1%, with the number of young unemployed falling by just 0.07 thousand to 13.40 thousand. At the same time, reported job vacancies dropped by 2.3 thousand to 32.7 thousand. On a seasonally adjusted basis, the jobless rate also stayed unchanged at 3.0% for the third month in a row.
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