Thursday , April 25 2024
Home / le News / Sharp drop in hours worked in Switzerland in 2020

Sharp drop in hours worked in Switzerland in 2020

Summary:
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: , ,

This could be interesting, too:

Investec writes Swiss health care costs continued to rise in 2022

Investec writes Swiss parliament rejects adding dental care to basic insurance

Investec writes Study shows how Swiss doctors and hospitals overcharge

Investec writes Health care cost brake initiative to go to a vote

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.com

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

Sharp drop in hours worked in Switzerland in 2020

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 *