Switzerland Unemployment Rate

The Swiss unemployment rate rose to a non-seasonally adjusted 2.7 percent in December 2018 from 2.5 percent in the previous month. It was the highest jobless rate since April as the number of unemployed rose markedly. When adjusted for seasonal factors, the unemployment rate stood at 2.4 percent, unchanged from the previous month. Unemployment Rate in Switzerland averaged 3.26 percent from 1995 until 2018, reaching an all time high of 5.70 percent in January of 1997 and a record low of 1.50 percent in May of 2001.

Unemployment Rate in Switzerland is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Switzerland to stand at 3.00 in 12 months time. In the long-term, the Switzerland Unemployment Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

1Y 5Y 10Y MAX

width

height

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Learn More Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-10-08	05:45 AM	Unemployment Rate	2.4%	2.4%	2.4%	2.3%
2018-11-08	06:45 AM	Unemployment Rate	2.4%	2.4%	2.4%	2.4%
2018-12-10	06:45 AM	Unemployment Rate	2.5%	2.4%		2.5%
2019-01-08	06:45 AM	Unemployment Rate	2.7%	2.5%		2.50%
2019-02-08	06:45 AM	Unemployment Rate		2.7%		2.40%
2019-03-07	06:45 AM	Unemployment Rate				2.40%
2019-04-09	05:45 AM	Unemployment Rate				2.50%

Swiss Jobless Rate Rises to 8-Month High

The Swiss unemployment rate rose to a non-seasonally adjusted 2.7 percent in December 2018 from 2.5 percent in the previous month. It was the highest jobless rate since April as the number of unemployed rose markedly.

The number of unemployed people rose by 9,187 from the previous month, or 8.3 percent, to 119,661 in December. Compared to the same month a year earlier, unemployment fell by 26,993, or 18.4 percent.

Also, the number of jobseekers went up by 7,738, or 4.1 percent, to 197,950; but dropped by 14,068 year-on-year, or 6.6 percent.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, was unchanged at 2.4 percent in December, with the number of young unemployed rising by 152, or 1.2 percent, to 13,172. Compared to December 2017, it decreased by 3,508 people, or 21.0 percent.

When adjusted for seasonal factors, the unemployment rate stood at 2.4 percent in December, unchanged from the previous month.

SECO | Rida | rida@tradingeconomics.com
1/8/2019 12:02:17 PM

News

Swiss Jobless Rate Rises to 2.5%
The Swiss unemployment rate inched higher to a non-seasonally adjusted 2.5 percent in November 2018 from a 10-year low of 2.4 percent in the previous month.
Published on 2018-12-10

Swiss Jobless Rate Holds Steady at 10-Year Low
The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in October 2018, unchanged from the previous five months and the lowest since September 2008.
Published on 2018-11-08

Swiss September Jobless Rate Unchanged at 10-Year Low
The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in September 2018, unchanged from the previous four months and the lowest since September 2008.
Published on 2018-10-08

Swiss Jobless Rate Holds Steady at 10-Year Low
The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in August 2018, unchanged from the previous three months and the lowest since September 2008.
Published on 2018-09-07

Switzerland Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	2.70	2.50	5.70	1.50	percent	[+]
Employed Persons	5080.00	5046.00	5080.00	3242.00	Thousand	[+]
Unemployed Persons	119661.00	110474.00	206291.00	26.00		[+]
Productivity	103.70	104.72	104.72	77.83	Index Points	[+]
Job Vacancies	33203.00	31047.00	36850.00	6062.00		[+]
Wages	6260.00	6235.00	6260.00	5082.00	CHF/Month	[+]
Wages in Manufacturing	113.10	113.20	113.20	100.00	Index Points	[+]
Population	8.48	8.42	8.48	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		[+]
Wage Growth	0.80	0.80	7.80	0.10	percent	[+]
Youth Unemployment Rate	2.40	2.40	5.70	1.40	percent	[+]
Job Offers	72133.00	73674.00	78215.00	29043.00		[+]
Labor Force Participation Rate	68.40	68.40	68.80	66.80	percent	[+]
Long Term Unemployment Rate	1.80	1.90	2.00	1.40	percent	[+]
Non Farm Payrolls	5070.00	5048.00	5070.00	3841.00	Thousand	[+]
Part Time Employment	1699.40	1649.50	1699.40	1064.50	Thousand	[+]
Employment Change	0.30	0.30	1.20	-0.60	percent	[+]
Employment Rate	79.90	79.40	81.30	76.90	percent	[+]
Full Time Employment	2776.40	2798.30	2839.10	2628.90	Thousand	[+]

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 January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.70	2.50	5.70	1.50	1995 - 2018	percent	Monthly	NSA

Export Data API

Country	Last		Previous	Range
South Africa	27.50	Sep/18	27.2	31.2 : 21.5	%
Spain	14.55	Sep/18	15.28	26.94 : 4.41	%
Brazil	11.60	Nov/18	11.7	13.7 : 6.2	%
Turkey	11.60	Oct/18	11.4	14.8 : 7.3	%
Italy	10.50	Nov/18	10.6	13.1 : 5.8	%
France	9.10	Sep/18	9.1	10.7 : 7.2	%
Argentina	9.00	Sep/18	9.1	20.8 : 5.9	%
Euro Area	7.90	Nov/18	8	12.1 : 7.3	%
Saudi Arabia	6.00	Jun/18	6.1	6.3 : 4.35	%
Canada	5.60	Dec/18	5.6	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.10	Nov/18	5	11.2 : 4	%
Russia	4.80	Nov/18	4.7	14.1 : 4.5	%
United Kingdom	4.10	Oct/18	4.1	12 : 3.4	%
United States	3.90	Dec/18	3.7	10.8 : 2.5	%
China	3.82	Sep/18	3.83	4.3 : 3.82	%
South Korea	3.80	Dec/18	3.8	7.1 : 3	%
Netherlands	3.60	Dec/18	3.5	7.9 : 3.5	%
India	3.52	Dec/17	3.51	8.3 : 3.41	%
Germany	3.30	Nov/18	3.3	11.5 : 0.4	%
Mexico	3.30	Nov/18	3.2	6.42 : 2.22	%
Switzerland	2.70	Dec/18	2.5	5.7 : 1.5	%
Japan	2.50	Nov/18	2.4	5.5 : 1	%
Singapore	2.10	Sep/18	2	6 : 1.4	%