Non-farm payrolls in Switzerland declined 0.4 percent year-on-year to 5.138 million in the third quarter of 2020, following a 0.6 percent drop in the previous three months, due to the coronavirus crisis. The biggest drop in employment was recorded in hotels and restaurants (-10.9 percent or -29K) and declines were also seen in manufacturing (-1.5 percent or -10K) and construction (-0.6 percent or -3K). In contrast, increases were seen in health and social affairs (+2.3 percent or 17K). Meanwhile, there were 11,900 fewer vacant places than in Q3 of 2019. source: Swiss Federal Statistical Office
Non Farm Payrolls in Switzerland averaged 4393.91 Thousand from 1991 until 2020, reaching an all time high of 5159 Thousand in the third quarter of 2019 and a record low of 3841 Thousand in the first quarter of 1997. This page provides - Switzerland Non Farm Payrolls- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Non Farm Payrolls - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Non Farm Payrolls in Switzerland is expected to be 4610.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Farm Payrolls in Switzerland to stand at 4810.00 in 12 months time. In the long-term, the Switzerland Non Farm Payrolls is projected to trend around 4890.00 Thousand in 2021 and 4990.00 Thousand in 2022, according to our econometric models.