Unemployment Rate (Switzerland)
Event Date: Thursday, September 22, 2022
Event Time: 07:30 CET
Updated Thursday, September 15, 2022
The Swiss National Bank (SNB) has been keeping interest rates negative at -0.75%for a long time and raised interest rates in the last meeting in June by 0.50%, bringing them to -0.25%. There are no expectations for this meeting, so let's see if they will deliver another rate hike, which will take them above negative levels. Please follow us for live coverage of this event by live market analysts.
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About Unemployment Rate (Switzerland)
Percentage of the total work force that is unemployed and actively seeking employment during the previous month. Released monthly, about 9 days after the month ends. This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.