Tag Archives: Unemployment Switzerland

In January 2015, when the Swiss National Bank stopped its attempt to keep the Swiss franc to Euro exchange rate at 1.20, the Swiss currency quickly rose beyond parity. © Valeriya Potapova | Dreamstime.com To soften the economic shock, Switzerland’s government allowed working hours to be extended with no extra pay and working hours and pay to be cut. Employees were offered partial unemployment benefits to compensate for pay cuts. The logic behind the scheme was that extra unpaid hours or...

Swiss unemployment is at its lowest for 3.5 years, according to the Swiss State Secretariat for Economic Affairs (SECO). © Gpointstudio | Dreamstime.com The last time Swiss unemployment reached March 2018’s level was in October 2014. After reaching a peak of 3.7% in January 2017, the rate had fallen to 2.9% by March 2018. Unemployment has some seasonality however the rate for last March (2.9%) is low even when compared to March 2016 (3.5%) and March 2017 (3.4%). As usual French-speaking...

Figures published on 9 May 2017 by SECO, the Swiss State Secretariat for Economic Affairs, show a fall in the number of unemployed in Switzerland. © 72soul | Dreamstime.com At the end of April 2017, there were 146,330 people registered as unemployed, 5,950 fewer than the month before, reducing the rate of unemployment from 3.4% to 3.3%. Unemployment across the French and Italian speaking regions averaged 4.3%, materially higher than in German speaking Switzerland where the rate was 2.9%. The...

Travail Suisse, an association representing Swiss employees, highlights once more the age discrimination faced by those over 50 in the Swiss job market. © Felix Mizioznikov | Dreamstime.com In March 2017, 26.8% of unemployed in the this age group had been without work for more than a year, compared to 2.3% of those between 15 and 24 and 14.1% of those aged 25 to 49. According to RTS, the unemployed over 50 take twice as long to find a new job. The number expected to join their ranks is...

Travail Suisse, an association representing Swiss employees, highlights once more the age discrimination faced by those over 50 in the Swiss job market. © Felix Mizioznikov | Dreamstime.com In March 2017, 26.8% of unemployed in the this age group had been without work for more than a year, compared to 2.3% of those between 15 and 24 and 14.1% of those aged 25 to 49. According to RTS, the unemployed over 50 take twice as long to find a new job. The number expected to join their ranks is...

Le Matin. The unemployment rate across Switzerland climbed by 0.2% to 3.7% in January, and regional differences were clear. Across French and Italian-speaking cantons the rate averaged 5%, while across the German-speaking cantons it was 3.1%. © Beat Bieler | Dreamstime.com The unemployment rate climbed across Switzerland’s French-speaking cantons with Neuchâtel remaining the worst affected. There the rate climbed 0.3% to 6.6%. Geneva was second, rising 0.2% to 5.7%, followed by Jura, up 0.2%...

Le Matin. The unemployment rate across Switzerland climbed by 0.2% to 3.7% in January, and regional differences were clear. Across French and Italian-speaking cantons the rate averaged 5%, while across the German-speaking cantons it was 3.1%. © Beat Bieler | Dreamstime.com The unemployment rate climbed across Switzerland’s French-speaking cantons with Neuchâtel remaining the worst affected. There the rate climbed 0.3% to 6.6%. Geneva was second, rising 0.2% to 5.7%, followed by Jura, up 0.2%...