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

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. When adjusted for seasonal factors, the unemployment rate stood at 2.6 percent in August, the same as in July. Unemployment Rate in Switzerland averaged 3.27 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 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.

The number of unemployed people increased by 1,841 from the previous month, or 1.7 percent, to 107,893 in August. Compared to the same month a year earlier, unemployment fell by 27,685, or 20.4 percent.

Also, the number of jobseekers rose by 118, or 0.1 percent, to 179,975 in August, but declined by 15,359 year-on-year, or 7.9 percent. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, rose to 2.6 percent in August from 2.1 percent in July. It was the highest rate since February, as the number of young unemployed increased by 2,691 to 14,498. Compared to August 2017, it decreased by 4,254 people, or 22.7 percent. 

When adjusted for seasonal factors, the unemployment rate stood at 2.6 percent in August, the same as in July.


SECO | Rida | rida@tradingeconomics.com
9/7/2018 8:59:39 AM


Recent Releases

Swiss July Jobless Rate Steady at Near 10-Year Low
The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in July 2018, unchanged from the previous month. The jobless rate remained at its lowest level since September 2008.
Published on 2018-08-09

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.
Published on 2018-07-09

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



Calendar GMT Actual Previous Consensus TEForecast
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% 2.4% 2.4%
2018-09-07 05:45 AM Unemployment Rate 2.4% 2.4% 2.4% 2.4%
2018-10-08 05:45 AM Unemployment Rate 2.4% 2.3%
2018-11-08 06:45 AM Unemployment Rate 2.4%
2018-12-10 06:45 AM Unemployment Rate 2.5%


Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.40 2.40 5.70 1.50 percent [+]
Employed Persons 5046.00 5025.00 5063.00 3242.00 Thousand [+]
Unemployed Persons 107893.00 106052.00 206291.00 26.00 [+]
Productivity 104.72 102.90 104.72 77.83 Index Points [+]
Job Vacancies 28496.00 15586.00 28496.00 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 0.80 0.40 7.80 0.10 percent [+]
Youth Unemployment Rate 2.60 2.10 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 1.90 1.60 2.00 1.40 percent [+]
Non Farm Payrolls 5048.00 4961.00 5048.00 3841.00 Thousand [+]
Part Time Employment 1649.50 1663.80 1663.80 1064.50 Thousand [+]
Employment Change 0.30 0.30 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 September 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
South Africa 27.20 Jun/18
Spain 15.30 Jun/18
Brazil 12.30 Jul/18
Italy 10.40 Jul/18
Turkey 10.20 Jun/18
Argentina 9.10 Mar/18
France 9.10 Jun/18
Euro Area 8.20 Jul/18
Saudi Arabia 6.10 Mar/18
Canada 6.00 Aug/18
Australia 5.30 Aug/18
Indonesia 5.13 Mar/18
Russia 4.70 Jul/18
South Korea 4.20 Aug/18
United Kingdom 4.00 Jul/18
United States 3.90 Aug/18
China 3.83 Jun/18
Netherlands 3.80 Jul/18
India 3.52 Dec/17
Mexico 3.50 Jul/18
Germany 3.40 Jul/18
Japan 2.50 Jul/18
Switzerland 2.40 Aug/18
Singapore 2.10 Jun/18


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