18% of Swiss adults are convinced their financial situation will worsen in 2021, according to a survey. © Photosbypanda | Dreamstime.comThis percentage is markedly higher than at the end of 2019 when the same figure was 13%. The rise in pessimism is largely linked to job insecurity. 68% are concerned they will face full or partial unemployment, while the self-employed worry they will get less business. In addition, 46% fear continued rises in health insurance premiums. More generally, 83% are concerned about the impact of the pandemic on their economic situation, a figure which has risen from 76% since May. This figure is higher in French-speaking Switzerland (92%) and lower in German- (81%) and Italian-speaking Switzerland (78%). A shift was seen in consumer attitudes
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Investec considers the following as important: Business & Economy, Coronavirus Switzerland, Covid-19 Switzerland, Editor's Choice, Personal finance
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18% of Swiss adults are convinced their financial situation will worsen in 2021, according to a survey.
This percentage is markedly higher than at the end of 2019 when the same figure was 13%.
The rise in pessimism is largely linked to job insecurity. 68% are concerned they will face full or partial unemployment, while the self-employed worry they will get less business. In addition, 46% fear continued rises in health insurance premiums.
More generally, 83% are concerned about the impact of the pandemic on their economic situation, a figure which has risen from 76% since May. This figure is higher in French-speaking Switzerland (92%) and lower in German- (81%) and Italian-speaking Switzerland (78%).
A shift was seen in consumer attitudes towards reducing climate change. 49% intended to buy more regional products, compared to 39% in 2019.
In addition, 31% planned to cut their consumption of meat, dairy and other animal products for environmental reasons, compared to 26% the year before. The pandemic has also been a reminder of the risks of human contact with livestock and wildlife. Measles, lyme disease, influenza, SARS and Covid are all zoonotic diseases that passed from animals. According to the CDC, 6 out of 10 infectious diseases in humans come from animals.
The Comparis survey was conducted in November and December 2020 and is based on responses from 1,034 people across Switzerland.
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