Market Updates: Swiss Registered Unemployment in February 2019 - Forex News by FX Leaders

Market Updates: Swiss Registered Unemployment in February 2019

Posted Thursday, March 7, 2019 by
Arslan Butt • 1 min read

As per the investigations by the State Secretariat for Economic Affairs (SECO), there were 119k unemployed persons in the Regional Employment Centers (RAV) at the end of February 2019. By the way, it’s 4,489 less than in the previous month.

The unemployment rate fell from3% in January 2018 to 2.4% in the month under review. It’s a great improvement in the labor sector which is very likely to keep the CHF pairs supported.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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