Switzerland Unemployment Rate  1995-2016 | Data | Chart | Calendar

Unemployment Rate in Switzerland increased to 3.80 percent in January from 3.70 percent in December of 2015. Unemployment Rate in Switzerland averaged 3.34 percent from 1995 until 2016, 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.

Switzerland Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.70 5.40 1.60 1995 - 2016 percent Monthly
NSA
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 - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-12-09 06:45 AM Nov 3.4% 3.3% 3.3% 3.3%
2016-01-08 06:45 AM Dec 3.7% 3.4% 3.7% 3.5%
2016-02-09 06:45 AM Jan 3.8% 3.7% 3.7% 3.9%
2016-03-08 06:45 AM Feb 3.8% 3.9%
2016-04-08 05:45 AM Mar 4%
2016-05-10 05:45 AM Apr 4%

Swiss Jobless Rate Highest Since March 2010


Swiss unadjusted unemployment rate increased to 3.8 percent in January of 2016 from 3.7 percent in the previous month and staying above market expectations. It was the highest level since March of 2010, as a strong Swiss franc continued to pressure the country's job market leading to a rise in the number of unemployed.

There were 163,644 unemployed persons enrolled at the regional employment centers, about 5,015 more persons than in the previous month. Compared to the same month a year earlier, unemployment increased by 12,698 persons (+8.4 percent). 

The number of jobseekers reached 222,751, more 2,542 persons than in the previous month and 16,613 more than a year earlier (+8.1 percent).

Youth unemployment (15 to 24 year old) increased by 558 persons (+2.7 percent) to 21,180. Compared with January 2015, this represents an increase of 1,669 people (+8.6 percent).

Adjusted for seasonal factors, the unemployment rate stood at 3.4 percent, unchanged from the previous month.

Seco | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/9/2016 9:50:41 AM

Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.70 5.40 1.60 percent [+]
Employed Persons 4944.00 4953.00 4978.00 3242.00 Thousand [+]
Unemployed Persons 147797.00 147290.00 195385.00 2067.00 [+]
Productivity 123.96 123.13 125.11 95.66 Index Points [+]
Job Vacancies 10042.00 9971.00 22574.00 6086.00 [+]
Wages 6209.28 6160.00 6209.28 5073.00 CHF/Month [+]
Wages in Manufacturing 110.40 109.40 110.40 100.00 Index Points [+]
Population 8.24 8.04 8.24 5.30 Million [+]
Retirement Age Women 64.00 64.00 64.00 63.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Full Time Employment 2827.70 2790.80 2839.70 2628.90 Thousand [+]
Employment Rate 79.70 80.10 81.00 76.90 percent [+]
Labor Force Participation Rate 68.70 68.60 69.40 67.00 percent [+]
Non Farm Payrolls 4244.00 4225.00 4244.00 3433.00 Thousand [+]
Part Time Employment 1575.50 1625.50 1643.40 1064.50 Thousand [+]




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