Unemployment in Switzerland

Switzerland Unemployment | Economic News & Forecasts

Switzerland - Unemployment

The economy continued to advance at a strong pace in the second quarter as GDP expanded for the sixth consecutive period on a quarter-on-quarter basis. Nonetheless, economic growth moderated slightly from Q1, chiefly due to weaker fixed investment. On a brighter note, the external sector performed well, with export growth recovering markedly, driven by robust growth in the manufacturing sector and solid international demand. The economy appears to be losing steam in the third quarter. Retail sales contracted in July, indicating private consumption has likely softened. Moreover, the forward-looking KOF business sentiment indicator receded in August. On the flip side, the PMI hit a six-month high in August on surging output, a sign that growth in the manufacturing sector remains buoyant.

Switzerland - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate3.2  3.0  3.2  3.3  3.2  

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Switzerland Unemployment Chart

Switzerland Unemployment
Note: Unemployment in % of active population.
Source: State Secretariat for Economic Affairs (SECO) and Met the why particular calculations.

Switzerland Facts

Bond Yield0.066.27 %Oct 16
Exchange Rate0.99-0.54 %Oct 16
Stock Market8,795-0.82 %Oct 16

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