by The total number of hours worked in Switzerland in 2020 dropped by nearly 4% compared to 2019, announced the Federal Statistical Office this week. © Thanasak Boonchoong | Dreamstime.comIn a year marked by the Covid-19 pandemic total hours worked in Switzerland dropped by nearly 300 million or 3.7% compared to the previous year. In 2019, 7.9 billion hours of work were clocked up in Switzerland. In 2020, this figure fell to 7.6 billion. Unsurprisingly, the biggest falls in hours worked were in the hotel and restaurant (-29%), transport (-7%) and retail (-6%) sectors. In a few sectors, such as government administration (+5%), agriculture (+2%) and finance and insurance (+2%) the number of hours worked rose. The number of hours worked in the health and social sector was
Topics:
Investec considers the following as important: Business & Economy, Editor's Choice, Unemployment 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 total number of hours worked in Switzerland in 2020 dropped by nearly 4% compared to 2019, announced the Federal Statistical Office this week.
In a year marked by the Covid-19 pandemic total hours worked in Switzerland dropped by nearly 300 million or 3.7% compared to the previous year.
In 2019, 7.9 billion hours of work were clocked up in Switzerland. In 2020, this figure fell to 7.6 billion.
Unsurprisingly, the biggest falls in hours worked were in the hotel and restaurant (-29%), transport (-7%) and retail (-6%) sectors.
In a few sectors, such as government administration (+5%), agriculture (+2%) and finance and insurance (+2%) the number of hours worked rose.
The number of hours worked in the health and social sector was virtually unchanged (+0.2%).
More on this:
Federal Statistical Office data (in French) – Take a 5 minute French test now
For more stories like this on Switzerland follow us on Facebook and Twitter.