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Market Updates: Swiss Registered Unemployment in February 2019

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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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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