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

Swiss unadjusted unemployment rate increased to 3.2 percent in August of 2016 from 3.1 percent in the previous two months and slightly above market estimates of 3.1 percent, as the number of unemployed and jobseekers were up. Adjusted for seasonal factors, the unemployment rate stood at 3.4 percent, up from 3.3 percent in the preceding two months. 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
3.20 3.10 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-08 05:45 AM Jun 3.1% 3.2% 3.3% 3.2%
2016-08-09 05:45 AM Jul 3.1% 3.1% 3.1% 3%
2016-09-09 05:45 AM Aug 3.2% 3.1% 3.1% 3.1%
2016-10-10 05:45 AM Sep 3.2% 3.2%
2016-11-08 06:45 AM Oct 3.3%
2016-12-09 06:45 AM Nov 3.4%

Swiss Jobless Rate Edges Up to 3.2% in August


Swiss unadjusted unemployment rate increased to 3.2 percent in August of 2016 from 3.1 percent in previous two months and slightly above market estimates of 3.1 percent, as the number of unemployed and jobseekers were up.

In August, there were 142,858 unemployed persons enrolled at the regional employment centers, about 3,548 more persons (+2.5 percent) than in the previous month. Compared to the same month a year earlier, unemployment increased by 5,875 persons (+4.3 percent). 

The number of jobseekers reached 201,989, a decrease of 2,642 persons compared with July while it increased by 9.320 compared with the same period last year (+4.8 percent).

Youth unemployment (15 to 24 year old) increased by 3,533 persons (+20.7 percent) to 20,640. Compared with August 2015, this represents an increase of 81 people (+0.4 percent).

Adjusted for seasonal factors, the unemployment rate stood at 3.4 percent, up from 3.3 percent in the preceding two months.

Seco l Rida Husna | rida@tradingeconomics.com
9/9/2016 8:28:27 AM

Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.10 5.40 1.60 percent [+]
Employed Persons 5040.00 5032.00 5040.00 3242.00 Thousand [+]
Unemployed Persons 148713.53 148973.55 195385.00 2067.00 [+]
Productivity 98.87 98.47 100.48 76.53 Index Points [+]
Job Vacancies 10488.00 10264.00 22574.00 6086.00 [+]
Wages 6213.76 6189.00 6213.76 5073.00 CHF/Month [+]
Wages in Manufacturing 112.20 110.40 112.20 100.00 Index Points [+]
Population 8.24 8.14 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 [+]
Employment Change 0.30 0.90 1.20 -0.50 percent [+]
Employment Rate 80.70 80.60 81.00 76.90 percent [+]
Full Time Employment 2838.90 2828.50 2849.70 2628.90 Thousand [+]
Labor Force Participation Rate 69.60 69.30 69.60 67.00 percent [+]
Non Farm Payrolls 4903.00 4878.00 4903.00 3847.00 Thousand [+]
Part Time Employment 1641.20 1647.00 1647.00 1064.50 Thousand [+]




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