Market Updates: Swiss Unemployment Rate Steady at 2.4%, No Surprises Here

The Swiss unemployment rate is stuck at a 2.4% rate and even today the rate came out as 2.4%....

Arslan Butt•Tuesday, April 9, 2019•1 min read

The Swiss SECO is responsible for releasing the unemployment rate for Switzerland economy. The rate shows a percentage of the total workforce that is unemployed and actively seeking employment during the previous month.

Since December 10, 2018, the Swiss unemployment rate is stuck at 2.4% and even today the rate came out as 2.4%. So far, there’s no change in the value of USD/CHF. But stay tuned for trade setups as the market is cooking up some high potential trades.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

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.