The Swiss unemployment rate stood at a non-seasonally adjusted 2.0 percent in August 2022, the same as in the prior three months which was the lowest reading since November 2001. The number of unemployed people declined by 102, or 0.1 percent to 91,372. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, rose to an 11-month high of 2.2 percent from 1.8 percent in July, with the number of young unemployed increasing by 1,672, or 20.7 percent to 9,761. Adjusted for seasonal factors, the unemployment rate inched lower to 2.1 percent in August from 2.2 percent in the previous five months. source: State Secretariat for Economic Affairs
Unemployment Rate in Switzerland averaged 3.18 percent from 1995 until 2022, 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. This page provides - Switzerland Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Unemployment Rate in Switzerland is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Unemployment Rate is projected to trend around 2.80 percent in 2023, according to our econometric models.