Tag Archives: Personal finance

Recently published data show that close to 60% of households in Switzerland rented their home at an average cost of CHF 1,329 per month in 2017. © Sergey Novikov | Dreamstime.com Average monthly rents ranged from CHF 752 for a studio up to CHF 2,323 for 6 rooms or more. The average household size in Switzerland was 2.23 people in 2017. 35% lived alone and a further 33% were two people. Only 19% were comprised of four people or more. The highest average monthly rent was in the canton of Zug...

© Gunnar3000 | Dreamstime.com There are various ways to measure unemployment. Switzerland’s standard measure looks at the number of people registered with unemployment offices across the country. By this measure Switzerland’s unemployment recently reached a 10 year low of 2.6%. Today, another unemployment measure was published. It shows a 0.1% increase in unemployment over the fourth quarter of 2018 to 4.6% or 227,000...

There are various ways to measure unemployment. Switzerland’s standard measure looks at the number of people registered with unemployment offices across the country. By this measure Switzerland’s unemployment recently reached a 10 year low of 2.6%. © Gunnar3000 | Dreamstime.com Today, another unemployment measure was published. It shows a 0.1% increase in unemployment over the fourth quarter of 2018 to 4.6% or 227,000 people. This measure, defined by the International Labour Organisation...

© Makasanaphoto | Dreamstime.com In October 2018, government number crunchers revised Switzerland’s federal forecast budget surplus up from CHF 0.3 billion to CHF 2.5 billion. Today, Bern announced that provisional calculations for 2018 now show a surplus of CHF 2.9 billion, CHF 0.4 billion more than last year’s revised figure. The increase was driven by strict spending discipline and higher than expected receipts,...

In October 2018, government number crunchers revised Switzerland’s federal forecast budget surplus up from CHF 0.3 billion to CHF 2.5 billion. © Makasanaphoto | Dreamstime.com Today, Bern announced that provisional calculations for 2018 now show a surplus of CHF 2.9 billion, CHF 0.4 billion more than last year’s revised figure. The increase was driven by strict spending discipline and higher than expected receipts, according to the press release. In 2017, Switzerland managed a surplus of CHF...

A recent survey by the Federal Statistical Office shows the overall median pay gap in Switzerland’s private sector shrunk to 12% in 2016, down from 12.5% in 2014 and 15.6% in 2010. © Charlieaja | Dreamstime.com In 2016, median pay for women was CHF 6,011 francs a month and median pay for men was CHF 6,830. The gap rose to 18.54% for the highest management positions. Here median pay for men was CHF 10,878 and CHF 8,861 for women. For those with no managerial responsibility the gap was only...

© Industryviews Dreamstime.com - Click to enlarge Either at work, at a restaurant, on public transport or in a shop, nearly half of Swiss admit to stealing, according to a survey by moneyland.ch 49% of the 1,500 questioned in the survey admitted to pocketing something without paying. Young people admitted to being the most light fingered. Around a fifth of those aged 18-25 had taken something from the supermarket...

Either at work, at a restaurant, on public transport or in a shop, nearly half of Swiss admit to stealing, according to a survey by moneyland.ch © Industryviews | Dreamstime.com 49% of the 1,500 questioned in the survey admitted to pocketing something without paying. Young people admitted to being the most light fingered. Around a fifth of those aged 18-25 had taken something from the supermarket Migros (20%) or Coop (18%). The rates for all adults were lower: Migros (12%) and Coop (11%). 1%...

© Pavalache Stelian | Dreamstime.com A recent survey suggests that half of Swiss residents are satisfied with their financial situation. 6% said they have trouble making ends meet. In addition, 28% expect their finances to improve in 2019. Fewer women (25%) are optimistic than men (33%). 18% expect their finances to worsen and 54% expect no change. Views varied significantly by age group. 40% of those under 36 expected...

A recent survey suggests that half of Swiss residents are satisfied with their financial situation while 6% said they have trouble making ends meet. © Pavalache Stelian | Dreamstime.com In addition, 28% expect their finances to improve in 2019, although fewer women (25%) than men (33%) expect this. 18% expect their finances to worsen and 54% expect no change. Views varied significantly by age group. 40% of those under 36 expected their finances to get better. This dropped to 33% among those...