The Swiss unemployment rate declined to a non-seasonally adjusted 2.8 percent in June 2021, the lowest since February 2020, from 3.1 percent in the previous month, and below market consensus of 2.9 percent, as the number of unemployed people fell by 11,145, or 7.8 percent, to 131,821. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old decreased to 2.2 percent from 2.4 percent, with the number of young unemployed falling by 991, or 7.8 percent, to 11,763. Adjusted for seasonal factors, the unemployment rate edged up to 3.1 percent in June, from 3.0 percent in the previous month. source: State Secretariat for Economic Affairs

Unemployment Rate in Switzerland averaged 3.21 percent from 1995 until 2021, 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 July of 2021.

Unemployment Rate in Switzerland is expected to be 3.60 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 3.30 in 12 months time. In the long-term, the Switzerland Unemployment Rate is projected to trend around 3.20 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Switzerland Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.80 3.10 5.70 1.50 1995 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-09 05:45 AM Mar 3.4% 3.6% 3.6% 3.8%
2021-05-07 05:45 AM Apr 3.3% 3.4% 3.3% 3.4%
2021-06-07 05:45 AM May 3.1% 3.3% 3.4%
2021-07-08 05:45 AM Jun 2.8% 3.1% 2.9% 3%
2021-08-09 05:45 AM Jul 2.8%
2021-09-07 05:45 AM Aug
2021-10-07 05:45 AM Sep
2021-11-08 06:45 AM Oct


News Stream
Switzerland Jobless Rate Drops to 16-Month Low
The Swiss unemployment rate declined to a non-seasonally adjusted 2.8 percent in June 2021, the lowest since February 2020, from 3.1 percent in the previous month, and below market consensus of 2.9 percent, as the number of unemployed people fell by 11,145, or 7.8 percent, to 131,821. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old decreased to 2.2 percent from 2.4 percent, with the number of young unemployed falling by 991, or 7.8 percent, to 11,763. Adjusted for seasonal factors, the unemployment rate edged up to 3.1 percent in June, from 3.0 percent in the previous month.
2021-07-08
Swiss Jobless Rate Falls to 14-Month Low
The Swiss unemployment rate declined to a non-seasonally adjusted 3.1 percent in May 2021, the lowest since March 2020, as the number of unemployed people fell by 8,313, or 5.5 percent, to 142,966. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, decreased to 2.4 percent from 2.7 percent, with the number of young unemployed falling by 1,350, or 9.6 percent, to 12,754. Adjusted for seasonal factors, the unemployment rate went down to 3.0 percent in May, from a marginally revised 3.2 percent in the previous month.
2021-06-07
Swiss Jobless Rate Edges Down to 5-Month Low
The Swiss unemployment rate inched down to a non-seasonally adjusted 3.3 percent in April 2021 from 3.4 percent in the previous month, matching market consensus. It was the lowest jobless rate since last November, as the number of unemployed people fell by 6,689, or 4.2 percent, to 151,279. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 2.7 percent from 3.0 percent, with the number of young unemployed falling by 1,457, or 9.4 percent, to 14,104. Adjusted for seasonal factors, the unemployment rate decreased to 3.1 percent in April from 3.3 percent in the previous month.
2021-05-07
Switzerland Jobless Rate Falls to 4-Month Low
The Swiss unemployment rate declined to a non-seasonally adjusted 3.4 percent in March 2021 from 3.6 percent in the previous month, below market consensus of 3.6 percent. It was the lowest jobless rate since last November, as the number of unemployed people fell by 9,985, or 5.9 percent, to 157,968. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 3.0 percent from 3.3 percent, with the number of young unemployed falling by 1,787, or 10.2 percent, to 15,561. Adjusted for seasonal factors, the unemployment rate inched down to 3.3 percent in February from a revised 3.4 percent in the previous month.
2021-04-09

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.