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

Swiss unadjusted unemployment rate decreased to 3.1 percent in June 2016 from a downwardly revised 3.2 percent in the previous month, beating market expectations of 3.3 percent. It was the lowest level since July last year, as the number of unemployed fell 4.1 percent. 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
3.10 3.20 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-10 05:45 AM Apr 3.5% 3.6% 3.5% 3.5%
2016-06-09 05:45 AM May 3.3% 3.5% 3.5% 3.4%
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%
2016-09-09 05:45 AM Aug 2.9%
2016-10-10 05:45 AM Sep 3.2%

Swiss Jobless Rate Falls to 11-Month Low


Swiss unadjusted unemployment rate decreased to 3.1 percent in June 2016 from a downwardly revised 3.2 percent in the previous month, beating market expectations of 3.3 percent. It was the lowest level since July last year, as the number of unemployed fell 4.1 percent.

There were 139,127 unemployed persons enrolled at the regional employment centers, about 5,651 less persons (-4.1 percent) than in the previous month. Compared to the same month a year earlier, unemployment increased by 5,871 persons (+4.4 percent). 

The number of jobseekers reached 201,131, a decrease of 5,108 persons compared with May while it increased by 10,041 compared with the same period last year (+5.3 percent).

Youth unemployment (15 to 24 year old) decreased by 932 persons (-5.6 percent) to 15,791. Compared with June 2015, this represents a decrease of 62 people (-0.4 percent).

Adjusted for seasonal factors, the unemployment rate stood at 3.3 percent, unchanged from the previous month.

Seco | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/8/2016 8:09:41 AM

Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.10 3.20 5.40 1.60 percent [+]
Employed Persons 5032.00 4969.00 5032.00 3242.00 Thousand [+]
Unemployed Persons 150255.95 149348.00 195385.00 2067.00 [+]
Productivity 97.96 123.93 125.11 95.66 Index Points [+]
Job Vacancies 10216.00 10217.00 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 Rate 80.70 80.60 81.00 76.90 percent [+]
Full Time Employment 2828.50 2849.70 2849.70 2628.90 Thousand [+]
Labor Force Participation Rate 69.60 69.30 69.60 67.00 percent [+]
Non Farm Payrolls 4878.00 4903.00 4903.00 3847.00 Thousand [+]
Part Time Employment 1647.00 1614.70 1647.00 1064.50 Thousand [+]




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