Employment Rate in Switzerland decreased to 80.40 percent in the first quarter of 2020 from 81 percent in the fourth quarter of 2019.

Employment Rate in Switzerland averaged 79.15 percent from 1996 until 2020, reaching an all time high of 81.30 percent in the fourth quarter of 2016 and a record low of 76.90 percent in the second quarter of 1997. This page provides - Switzerland Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Employment Rate - values, historical data and charts - was last updated on August of 2020.

Employment Rate in Switzerland is expected to be 79.89 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Switzerland to stand at 79.91 in 12 months time. In the long-term, the Switzerland Employment Rate is projected to trend around 79.87 percent in 2021 and 79.85 percent in 2022, according to our econometric models.

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Switzerland Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
80.40 81.00 81.30 76.90 1996 - 2020 percent Quarterly
NSA

Switzerland Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.20 5.70 1.50 percent [+]
Employed Persons 5129.00 5107.00 5129.00 3242.00 Thousand [+]
Unemployed Persons 148870.00 150289.00 206291.00 26.00 [+]
Productivity 99.96 103.02 104.72 77.83 points [+]
Job Vacancies 29670.00 28708.00 37770.00 6062.00 [+]
Wages 6291.00 6260.00 6291.00 5082.00 CHF/Month [+]
Wages in Manufacturing 112.40 113.10 113.20 100.00 points [+]
Population 8.54 8.48 8.54 5.30 Million [+]
Retirement Age Women 64.00 64.00 64.00 63.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Job Offers 67306.00 77989.00 83600.00 29043.00 [+]
Labor Force Participation Rate 68.10 68.10 68.80 66.80 percent [+]
Long Term Unemployment Rate 1.50 1.20 2.00 1.20 percent [+]
Youth Unemployment Rate 3.40 3.30 5.70 1.40 percent [+]
Non Farm Payrolls 5102.00 5130.00 5137.00 3841.00 Thousand [+]
Part Time Employment 1722.40 1740.50 1740.50 1064.50 Thousand [+]
Wage Growth 0.90 0.50 7.80 0.10 percent [+]
Employment Change 0.40 0.30 1.30 -0.50 percent [+]
Employment Rate 80.40 81.00 81.30 76.90 percent [+]
Full Time Employment 2816.40 2822.30 2841.10 2628.90 Thousand [+]


Switzerland Employment Rate
In Switzerland, the employment rate measures the number of people who have a job as a percentage of the working age population.