The Swiss unemployment rate dropped to a non-seasonally adjusted 2.1 percent in May 2022 from 2.3 percent in the prior month, pointing to the lowest reading since September 2019. The number of unemployed people declined by 6,387, or 6.1 percent to 98,004. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, inched lower to 1.5 percent in May, the lowest since June 2001, with the number of young unemployed falling by 444, or 5.2 percent to 8,090. Adjusted for seasonal factors, the unemployment rate was at 2.2 percent in May, the same as in the previous two months.. source: State Secretariat for Economic Affairs

Unemployment Rate in Switzerland averaged 3.19 percent from 1995 until 2022, 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. This page provides - Switzerland Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Unemployment Rate in Switzerland is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Unemployment Rate is projected to trend around 2.80 percent in 2023, according to our econometric models.

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Switzerland Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-06 05:45 AM Apr 2.3% 2.4% 2.2% 2.3%
2022-06-08 05:45 AM May 2.1% 2.3% 2.1% 2.3%
2022-07-07 05:45 AM Jun 2.1%


Related Last Previous Unit Reference
Unemployment Rate 2.10 2.30 percent May 2022
Unemployed Persons 98004.00 104391.00 May 2022
Job Vacancies 68050.00 66403.00 May 2022
Youth Unemployment Rate 1.50 1.60 percent May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.30 5.70 1.50 1995 - 2022 percent Monthly
NSA

News Stream
Swiss Jobless Rate Falls to Near 3-Year Low
The Swiss unemployment rate dropped to a non-seasonally adjusted 2.1 percent in May 2022 from 2.3 percent in the prior month, pointing to the lowest reading since September 2019. The number of unemployed people declined by 6,387, or 6.1 percent to 98,004. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, inched lower to 1.5 percent in May, the lowest since June 2001, with the number of young unemployed falling by 444, or 5.2 percent to 8,090. Adjusted for seasonal factors, the unemployment rate was at 2.2 percent in May, the same as in the previous two months..
2022-06-08
Swiss Jobless Rate Drops to 29-Month Low of 2.3%
The Swiss unemployment rate inched lower to a non-seasonally adjusted 2.3 percent in April 2022 from 2.4 percent in the prior month, pointing to the lowest reading since November 2019. The number of unemployed people declined by 5,109, or 4.7 percent to 104,391. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, fell to 1.6 percent in April, the lowest since July 2001, with the number of young unemployed falling by 671, or 7.3 percent to 8,534. Adjusted for seasonal factors, the unemployment rate was at 2.2 percent in April, the same as in March.
2022-05-06
Swiss Jobless Rate Drops to Over 2-Year Low
The Swiss unemployment rate inched lower to a non-seasonally adjusted 2.4 percent in March 2022 from 2.5 percent in the prior month, pointing to the lowest reading since November 2019. The number of unemployed people declined by 8,470, or 7.2 percent to 109,500. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, ticked down to 1.8 percent in March, the lowest since September 2001, with the number of young unemployed falling by 924, or 9.1 percent to 9,205. Adjusted for seasonal factors, the unemployment rate inched down to 2.2 percent in March from an upwardly revised 2.3 percent in February.
2022-04-07