Employment Rate in Switzerland increased to 80.50 percent in the fourth quarter of 2020 from 79.70 percent in the third quarter of 2020. source: EUROSTAT

Employment Rate in Switzerland averaged 79.17 percent from 1996 until 2020, reaching an all time high of 81.30 percent in the fourth quarter of 2016 and a record low of 76.90 percent in the second quarter of 1997. This page provides - Switzerland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Employment Rate - values, historical data and charts - was last updated on October of 2021.

Employment Rate in Switzerland is expected to be 79.89 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Switzerland to stand at 79.91 in 12 months time. In the long-term, the Switzerland Employment Rate is projected to trend around 79.87 percent in 2022 and 79.85 percent in 2023, according to our econometric models.

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Switzerland Employment Rate

Switzerland Last Unit Reference Previous Highest Lowest
Population 8.61 Million Dec/20 8.54 8.61 5.30
Full Time Employment 2764.60 Thousand Jun/21 2783.70 2841.10 2628.90
Part Time Employment 1693.30 Thousand Jun/21 1688.20 1748.40 1064.50
Long Term Unemployment Rate 1.70 percent Dec/20 1.60 2.00 1.20
Labor Force Participation Rate 68.40 percent Dec/20 68.00 68.80 66.80
Employment Rate 80.50 percent Dec/20 79.70 81.30 76.90
Employment Change 0.50 percent Dec/20 1.40 1.40 -2.20

Switzerland Employment Rate
In Switzerland, the employment rate measures the number of people who have a job as a percentage of the working age population.