Switzerland Unemployment Rate

Unemployment Rate in Switzerland decreased to 2.90 percent in June of 2014 from 3 percent in May of 2014. Unemployment Rate in Switzerland averaged 3.34 Percent from 1995 until 2014, reaching an all time high of 5.40 Percent in March of 1997 and a record low of 1.60 Percent in November of 2000. Unemployment Rate in Switzerland is reported by the State Secretariat for Economic Affairs.

   
 
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Switzerland Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.00 5.40 1.60 1995 - 2014 Percent Monthly
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 Falls Further in June


Swiss unadjusted jobless rate declined for the fourth straight month to 2.9 percent in June of 2014 from 3.0 percent in the previous month, reaching the lowest rate in a year.

The number of unemployed persons amounted to 126 632 persons in June, 3 678 less than in the previous month.

The number of registered jobseekers decreased to 180 689 persons, 3 747 less than in the previous month, but 883 more than in the same month of the previous year.

Unemployment among young people (15-24 years) decreased 2.9 percent in June from May, reaching 14 952 persons. Compared to the same month of the previous year, it decreased by 614 persons (-3.9 percent).

According to provisional data provided by the unemployment funds, 3 257 people have exhausted their entitlements to unemployment insurance in the month of April of 2014.

SECO | Isabel Felino | isabel.felino@tradingeconomics.com
7/7/2014 9:52:49 AM


Recent Releases

Swiss Unemployment Rate Down to 3%
Switzerland’s unadjusted jobless rate fell for the third month in a row to 3 percent in May of 2014 from 3.2 percent in the previous period, but the number of job vacancies also decreased. Published on 2014-06-10

Swiss Unemployment Rate Falls in April
Switzerland’s jobless rate fell for the second consecutive month to 3.2 percent in April of 2014 from 3.3 percent in the previous month. When adjusted for seasonal factors, the unemployment rate stood at 3.2 percent, unchanged from the previous month. Published on 2014-05-07


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-08 06:45 AM Switzerland
Unemployment Rate
Mar 2014 3.3% 3.5% 3.3% 3.4%
2014-05-07 06:45 AM Switzerland
Unemployment Rate
Apr 2014 3.2% 3.3% 3.2% 3.4%
2014-06-10 06:45 AM Switzerland
Unemployment Rate
May 2014 3.0% 3.2% 3.1% 3.2%
2014-07-07 06:45 AM Switzerland
Unemployment Rate
Jun 2014 2.9% 3.0% 2.9% 3%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.90 3.00 5.40 1.60 Percent [+]
Employed Persons 4864.00 4884.00 4884.00 3242.00 Thousand [+]
Unemployed Persons 135778.00 136929.00 195385.00 -4371.00 [+]
Job Vacancies 13352.00 13179.00 22574.00 6086.00 [+]
Productivity 109.04 108.08 110.03 87.32 Index Points [+]
Wages 308.00 305.00 308.00 121.00 Index Points [+]
Wages in Manufacturing 106.50 106.70 106.70 100.00 Index Points [+]
Population 8.04 7.95 8.04 5.36 Million [+]
Retirement Age Women 64.00 64.00 64.00 63.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]





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