Monday , November 25 2024
Home / le News / Swiss job numbers up but too few qualified workers

Swiss job numbers up but too few qualified workers

Summary:
In the second quarter of 2018, the number of jobs in Switzerland rose to 5.048 million, a 2.1% increase on the second quarter of 2017. © Catalin205 | Dreamstime.com Regions rising the most were Lake Geneva (+3.0%), north west Switzerland (+3.0%), central Switzerland (+2.4%) and Zurich (+2.1%). Rises in job numbers in eastern Switzerland (+1.6%), Mittelland (+1.3%) and Ticino (0%) were lower. Sectors with the highest vacancy rates were IT (4.0%), information and communications (3.1%) and electronics and watch making (3.0%). All were up sharply since Q2 2017. Finding qualified staff was increasingly difficult in sectors such as electronics and watch making, where 40% of jobs were difficult to fill with qualified graduates. Other sectors faced with the same challenge include IT (31%),

Topics:
Investec considers the following as important: , , , , ,

This could be interesting, too:

Investec writes Swiss to vote on tenancy laws this weekend

Investec writes Switzerland ranked second in digital competitiveness

Investec writes Swiss wages set to rise in 2025

Investec writes Federal Council hopes to boost savings with pension change

In the second quarter of 2018, the number of jobs in Switzerland rose to 5.048 million, a 2.1% increase on the second quarter of 2017.

© Catalin205 | Dreamstime.com

Regions rising the most were Lake Geneva (+3.0%), north west Switzerland (+3.0%), central Switzerland (+2.4%) and Zurich (+2.1%). Rises in job numbers in eastern Switzerland (+1.6%), Mittelland (+1.3%) and Ticino (0%) were lower.

Sectors with the highest vacancy rates were IT (4.0%), information and communications (3.1%) and electronics and watch making (3.0%). All were up sharply since Q2 2017.

Finding qualified staff was increasingly difficult in sectors such as electronics and watch making, where 40% of jobs were difficult to fill with qualified graduates. Other sectors faced with the same challenge include IT (31%), information and communications (35%) and financial services (32%).

The least challenging field was arts and entertainment where only 3% of jobs were difficult to fill with qualified graduates.

The regions worst affected by a shortage of qualified graduates were Zurich (20%), north west Switzerland (17%) and Lake Geneva (16%) – percentages of positions filled with difficulty in Q2 2018.

More on this:
Federal Statistical Office (in French) – Take a 5 minute French test now

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *