Labor Force Participation Rate in Switzerland increased to 68 percent in the third quarter of 2020 from 66.90 percent in the second quarter of 2020. source: EUROSTAT

Labor Force Participation Rate in Switzerland averaged 67.87 percent from 1998 until 2020, reaching an all time high of 68.80 percent in the fourth quarter of 2016 and a record low of 66.80 percent in the first quarter of 2010. This page provides - Switzerland Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Labor Force Participation Rate - values, historical data and charts - was last updated on February of 2021.

Labor Force Participation Rate in Switzerland is expected to be 68.43 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Switzerland to stand at 68.44 in 12 months time. In the long-term, the Switzerland Labor Force Participation Rate is projected to trend around 68.44 percent in 2021 and 68.43 percent in 2022, according to our econometric models.

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Switzerland Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
68.00 66.90 68.80 66.80 1998 - 2020 percent Quarterly
NSA

Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.50 5.70 1.50 percent [+]
Employed Persons 5114.00 5067.00 5129.00 3242.00 Thousand [+]
Unemployed Persons 169753.00 163545.00 206291.00 26.00 [+]
Productivity 104.58 94.78 104.72 77.83 points [+]
Job Vacancies 33394.00 32463.00 37768.00 6062.00 [+]
Wages 6304.00 6248.00 6304.00 5082.00 CHF/Month [+]
Wages in Manufacturing 112.90 112.40 113.20 100.00 points [+]
Population 8.54 8.48 8.54 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 [+]
Job Offers 67129.00 61101.00 83600.00 29043.00 [+]
Labor Force Participation Rate 68.00 66.90 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.60 1.40 2.00 1.20 percent [+]
Youth Unemployment Rate 3.40 3.40 5.70 1.40 percent [+]
Non Farm Payrolls 5138.00 5095.00 5159.00 3841.00 Thousand [+]
Part Time Employment 1719.20 1721.40 1740.50 1064.50 Thousand [+]
Wage Growth 1.30 0.90 7.80 0.10 percent [+]
Employment Change 0.70 -2.10 1.20 -2.10 percent [+]
Employment Rate 79.70 79.10 81.30 76.90 percent [+]
Full Time Employment 2784.30 2746.40 2841.10 2628.90 Thousand [+]