Swiss Jobless Rate Slightly Increases in August
Swiss unadjusted jobless rate rose slightly to 3 percent in August of 2014 from 2.9 percent in the previous month. When adjusted for seasonal effects, unemployment remained steady at 3.2 percent.
In August of 2014 there were 128,434 unemployed persons enrolled at the regional employment centers, about 1,380 more than in the previous month. Compared to the same month a year earlier, unemployment fell by 1,522 persons.
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Youth unemployment (15 to 24 years) increased by 2,669 persons (16.0 percent) up to 19,316 persons, but decreased by 881 persons (-4.4 percent) from a year earlier.
The number of jobseekers totalized 179,880 in August of 2014, recording 942 persons less than in July and less 1,249 persons from a year earlier (-0.7 percent).