Dairy prices are rising globally. Higher global prices are expected to trigger price rises in Switzerland as local dairy farmers follow the global trend, reported 20 Minutes. © Erix2005 | Dreamstime.comSince the beginning of the year, the price of a tonne of dried milk has risen by around 16% to US$ 4,503, according to the website Global Dairy Trade. Contracts dated March 2022 are priced slightly higher at US$ 4,510. Between 4 January and 15 February 2022, prices rose 16% from US$ 3,866...
Read More »Half of French households near Swiss border work in Switzerland
Recently published statistics show that more than half of the residents in certain parts of France were employed in Switzerland in 2018. © Sergii Figurnyi | Dreamstime.comThe data, published by INSEE, a French statistics agency, found that more than half of households in the communes du Genevois, Pays de Gex and Annemasse-Les Voirons, all regions bordering Switzerland, contained family members who worked abroad, almost all of them in Switzerland. In the communes du Genevois, 67% of...
Read More »Swiss employment reaches new record
Data published this week by Switzerland’s Federal Statistical Office (FSO) show that the number of active workers in Switzerland rose to a record 5.239 million by the end of 2021. Photo by Lex Photography on Pexels.comThe number of people employed at the end of 2021 was 1.9% higher than at the end of 2020. 5.239 million represents around 73% of those 15 or older. Sharp rise in hotel and restaurant jobs The number of people actively working in hotel and restaurant jobs rose 8,700...
Read More »Netflix 40% more expensive in Switzerland
In Germany, the lowest-priced Netflix subscription is CHF 8,30 (EUR 7.99) a month. The same subscription in Switzerland costs CHF 11.90, a price 43% higher than in Germany. Photo by Karolina Grabowska on Pexels.comGiven the large difference between German VAT(19%) and Swiss VAT (7.7%), all other things being equal, Swiss subscribers should expect to pay 10% less than German subscribers. After accounting for the VAT difference the Swiss price premium widens from 43% to 58%. According to...
Read More »Covid: weekly cases and hospitalisations fall further as Switzerland drops nearly all measures
This week, 118,555 new Covid-19 cases were reported in Switzerland, down 25% from the 157,683 cases reported a week earlier. The reported number of Covid-19 patients hospitalised also fell 20% from 492 to 392 across the week. Photo by Polina Tankilevitch on Pexels.comCovid-19 deaths were also down. Across the week, 61 Covid-19 related deaths were reported, a figure 13% lower than the 70 reported the week before. In addition, the number of Covid-19 patients in...
Read More »Swiss to pay extra for replay TV
Winterthur-based Init7 recently started charging extra for replay TV. Other providers are set to follow, according to 20 Minutes. Photo by JESHOOTS.com on Pexels.comUntil recently, replay TV, which allows viewers to record shows and watch them at a time of their choosing, was included at no extra charge to subscribers. The problem with replay TV is that it allows viewers to fast forward through adverts, something that is costing broadcasters money. To recoup the lost advertising revenue,...
Read More »Switzerland’s large number of homeless
According to a recent report by the Federal Housing Office (OFL) there are an estimated 2,200 homeless residents in Switzerland and another 8,000 at risk of losing their homes. Photo by MART PRODUCTION on Pexels.comThe authors of the report collected information from 616 municipalities across 22 cantons to compile the data. 616 municipalities covers around 28% of Switzerland’s total. Reasons often cited for homelessness included overspending, debt, drugs and social factors associated...
Read More »Swiss and British universities team up to press EU for Horizon access
Both the UK and Switzerland have lost access to the Europe-wide scientific research programme known as Horizon Europe. The UK dropped out when it left the EU and Switzerland when its bilateral talks with the EU broke down last year. © Denis Linine | Dreamstime.comThe programme supports big projects that would not be possible at a national level. More is more when it comes to making progress in many areas of scientific progress. In a bid to mend the cracks in European scientific...
Read More »93% of graduates in Switzerland find work matching their education
Data published on 10 February 2022, show that one year after completion of tertiary education 93% of Switzerland’s graduates were employed in a job that matched their level of education or professional qualifications. © Wanida Prapan | Dreamstime.comThe survey, aimed at assessing the level of mismatch between education and employment, found that success at finding a job matching qualifications varied depending on the type of qualification, timing and regional differences in number of...
Read More »More women at head of large Swiss companies
The percentage of women in senior management positions at companies listed on the Swiss SMI and SMIM indexes rose from 13% in 2020 to 19% in 2021. © Barbara Helgason | Dreamstime.comThe rise reflects an increase in the number of women being nominated for these positions in 2021. During the year 4 out of 10 nominees were women, according to a study by the placement agency Russel Reynolds Association. Most of the newcomers (92%) were women from the US, UK, Germany and France. SMI...
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