The percentage of Switzerland’s workers working for themselves has been slowly declining. In 2010, 13.7% of workers were self-employed. By 2017, the figure was 12.8% – self-employed includes those working as independents and those working for companies they own. Swiss (14.5%) are far more likely to be self-employed than foreigners (7.9%). This is partly explained by the low number of foreign farmers – farming is the Swiss industry with the highest percentage of owner operators (46%). © Boarding1now | Dreamstime.com The highest concentrations of self-employed are found among those over 65 (43.4%), 55-64 (19.7%) and 40-54 (15.5%). Far fewer young people opt to work for themselves. Only 1.4% of those under 25 and 7.1% of those between 24 and 40 do. Tertiary qualified people (15.3%) are far
Topics:
Investec considers the following as important: Business & Economy, Editor's Choice, self employment in switzerland
This could be interesting, too:
Investec writes Federal parliament approves abolition of imputed rent
Investec writes Abolition of imputed rent gets bogged down in complexity
Investec writes Swiss parliament accepts contentious budget
Investec writes Tourism one quarter of Switzerland’s traffic
The percentage of Switzerland’s workers working for themselves has been slowly declining. In 2010, 13.7% of workers were self-employed. By 2017, the figure was 12.8% – self-employed includes those working as independents and those working for companies they own.
Swiss (14.5%) are far more likely to be self-employed than foreigners (7.9%). This is partly explained by the low number of foreign farmers – farming is the Swiss industry with the highest percentage of owner operators (46%).
The highest concentrations of self-employed are found among those over 65 (43.4%), 55-64 (19.7%) and 40-54 (15.5%). Far fewer young people opt to work for themselves. Only 1.4% of those under 25 and 7.1% of those between 24 and 40 do.
Tertiary qualified people (15.3%) are far more likely to be their own boss than those with only a high school education (6.5%).
The self-employed work hard. 46.6% report working during the week and at weekends compared to only 13.9% of salaried employees. In addition, they take nearly 4 less days off a year – 21.9 versus 25.7.
In 2017, the rate of self-employment in Switzerland (12.8%) was below the EU average (14.5%).
More on this:
Federal statistical office figures (in French) – Take a 5 minute French test now
For more stories like this on Switzerland follow us on Facebook and Twitter.