Unemployment Rate (Switzerland)
Unemployment to Decline by 2 Points This Month
Starts Tuesday, October 8, 2019 at 05:45
Updated Tuesday, October 8, 2019
The unemployment rate has been pretty low in Switzerland for a long time and the trend is still in decline. At the beginning of last year, unemployment stood at 3.0% in Switzerland but it kept declining as the year progressed until it fell to 2.4% in November last year. It ticked lower to 2.3% in June where it has remained for several months but it is expected to have declined by 0.2% in September. 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.