Switzerland Unemployment Rate  1995-2018 | Data | Chart | Calendar

The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in June 2018, unchanged from the previous month and the lowest since September 2008, as the number of unemployed continued to fall. Unemployment Rate in Switzerland averaged 3.28 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.

Switzerland Unemployment Rate
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Swiss June Jobless Rate Unchanged at Near 10-Year Low


The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in June 2018, unchanged from the previous month and the lowest since September 2008.

The number of unemployed people declined by 2,813 from the previous month, or 2.6 percent, to 106,579 in June. Compared to the same month a year earlier, unemployment fell by 27,024, or 20.2 percent.

Also, the number of jobseekers dropped by 5,690 to 179,777 in June, and declined by 17,119 year-on-year, or 8.7 percent. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, fell to 1.9 percent in June in from 2 percent in May. It was the lowest figure since September 2001. The number of young unemployed dropped by 164 to 10,737. Compared to June 2017, it decreased by 3,371 people, or 23.9 percent. 

When adjusted for seasonal factors, the unemployment rate edged down to 2.6 percent in June from a revised 2.7 percent in May.


SECO | Rida | rida@tradingeconomics.com
7/9/2018 9:01:02 AM


Recent Releases

Swiss Jobless Rate Lowest Since September 2008
The Swiss unemployment rate declined to a non-seasonally adjusted 2.4 percent in May 2018 from 2.7 percent in the previous month and below market expectations of 2.5 percent. It was the lowest jobless rate since September 2008, as the number of unemployed fell further.
Published on 2018-06-07

Swiss Jobless Rate Falls to Near 6-Year Low
The Swiss unemployment rate fell to a non-seasonally adjusted 2.7 percent in April 2018 from 2.9 percent in the previous month, while markets were expecting it to remain unchanged. It was the lowest jobless rate since July 2012, as the number of unemployed declined further.
Published on 2018-05-08

Swiss Jobless Rate Lowest Since 2014
The Swiss unemployment rate fell to a non-seasonally adjusted 2.9 percent in March 2018 from 3.2 percent in the prior month and below market expectations of 3 percent. It was the lowest jobless rate since September 2014, as the number of unemployed declined further.
Published on 2018-04-09

Swiss Jobless Rate Falls to 3-Month Low of 3.2% in February
Swiss unadjusted unemployment rate unexpectedly edged down to 3.2 percent in February of 2018 from 3.3 percent in the prior month while markets expected 3.4 percent. It was the lowest jobless rate since November 2017, as the number of unemployed and jobseekers dropped.
Published on 2018-03-08



Calendar GMT Actual Previous Consensus TEForecast
2018-05-08 05:45 AM Unemployment Rate 2.7% 2.9% 2.9% 3%
2018-06-07 05:45 AM Unemployment Rate 2.4% 2.7% 2.5% 2.7%
2018-07-09 05:45 AM Unemployment Rate 2.4% 2.4% 2.4%
2018-08-09 05:45 AM Unemployment Rate 2.4% 2.4%
2018-09-07 05:45 AM Unemployment Rate 2.4%
2018-10-08 05:45 AM Unemployment Rate 2.3%


Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 2.40 5.70 1.50 percent [+]
Employed Persons 5025.00 5012.00 5063.00 3242.00 Thousand [+]
Unemployed Persons 106579.00 109392.00 206291.00 26.00 [+]
Productivity 102.90 102.56 103.02 77.83 Index Points [+]
Job Vacancies 15195.00 14102.00 22574.00 6086.00 [+]
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 0.40 0.50 7.80 0.10 percent [+]
Youth Unemployment Rate 1.90 2.00 5.70 1.40 percent [+]
Job Offers 70578.00 62103.00 78215.00 29043.00 [+]
Labor Force Participation Rate 68.40 68.60 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.60 1.70 2.00 1.40 percent [+]
Non Farm Payrolls 4961.00 4962.00 4962.00 3841.00 Thousand [+]
Part Time Employment 1649.50 1663.80 1663.80 1064.50 Thousand [+]
Employment Change 0.30 0.00 1.20 -0.60 percent [+]
Employment Rate 79.40 80.20 81.30 76.90 percent [+]
Full Time Employment 2798.30 2822.30 2839.10 2628.90 Thousand [+]


Switzerland Unemployment Rate

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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.40 5.70 1.50 1995 - 2018 percent Monthly
NSA




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 12.70 May/18
Italy 10.70 May/18
Turkey 10.10 Mar/18
France 9.20 Mar/18
Euro Area 8.40 May/18
Canada 6.00 Jun/18
Australia 5.40 May/18
Indonesia 5.13 Mar/18
Russia 4.70 May/18
United Kingdom 4.20 Apr/18
United States 4.00 Jun/18
Netherlands 3.90 May/18
China 3.89 Mar/18
South Korea 3.70 Jun/18
India 3.52 Dec/17
Germany 3.40 May/18
Mexico 3.20 May/18
Switzerland 2.40 Jun/18
Japan 2.20 May/18


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