Switzerland's non-farm payrolls increased 0.6 percent from a year earlier to 5.102 million in the first quarter of 2020, the softest pace since the third quarter of 2016, following a 1.2 percent advance in the previous three-month period. Employment in the industrial sector rose 0.7 percent to 1.098 million, as increases were seen in manufacturing (0.6 percent) and construction (0.8 percent). In addition, payrolls in services went up 0.6 percent to 4.003 million, driven by gains in education (1.9 percent), health (1.5 percent) and transport and communication (1.0 percent), while employment in hotels and restaurants fell sharply (-3.9 percent) as the coronavirus crisis hit the sector hard.

Non Farm Payrolls in Switzerland averaged 4380.22 Thousand from 1991 until 2020, reaching an all time high of 5137 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 June of 2020.

Non Farm Payrolls in Switzerland is expected to be 4765.00 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 4650.00 in 12 months time. In the long-term, the Switzerland Non Farm Payrolls is projected to trend around 4800.00 Thousand in 2021 and 4990.00 Thousand in 2022, according to our econometric models.

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Switzerland Non Farm Payrolls

Actual Previous Highest Lowest Dates Unit Frequency
5102.00 5130.00 5137.00 3841.00 1991 - 2020 Thousand Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-08-29 06:30 AM Q2 5.109M 5.071M 5.095M
2019-11-26 07:30 AM Q3 5.137M 5.109M 5.128M
2020-02-25 07:30 AM Q4 5.13M 5.137M 5.115M
2020-05-26 06:30 AM Q1 5.102M 5.13M 4.951M
2020-08-25 06:30 AM Q2 5.102M 4.765M
2020-11-26 07:30 AM Q3 4.690M


News Stream
Swiss Employment Rises the Least in 3-1/2 Years
Switzerland's non-farm payrolls increased 0.6 percent from a year earlier to 5.102 million in the first quarter of 2020, the softest pace since the third quarter of 2016, following a 1.2 percent advance in the previous three-month period. Employment in the industrial sector rose 0.7 percent to 1.098 million, as increases were seen in manufacturing (0.6 percent) and construction (0.8 percent). In addition, payrolls in services went up 0.6 percent to 4.003 million, driven by gains in education (1.9 percent), health (1.5 percent) and transport and communication (1.0 percent), while employment in hotels and restaurants fell sharply (-3.9 percent) as the coronavirus crisis hit the sector hard.
2020-05-26
Swiss Non Farm Payrolls Rise 1.2% in Q4
Switzerland's non-farm payrolls increased 1.2 percent from a year earlier to 5.130 million in the fourth quarter of 2019, following a 1.3 percent advance in the previous three-month period. Employment in the industrial sector rose 1.4 percent to 1.100 million, as increases were seen in manufacturing (0.7 percent) and construction (2.4 percent). In addition, payrolls in services went up 1.2 percent to 4.030 million, driven by gains in business services (1.5 percent), health (0.8 percent), transport and communication (1.9 percent), financial and insurance activities (1.2 percent), hotels and restaurants (2.4 percent), and education (1.7 percent). Meanwhile, employment in wholesale and retail trade fell 0.1 percent.
2020-02-25
Swiss Q3 Non Farm Payrolls Rise to All-Time High
Switzerland's non-farm payrolls increased 1.3 percent from a year earlier to an all-time high of 5.137 million in the third quarter of 2019, following a 1.2 percent gain in the previous three-month period. Employment in the industrial sector grew 1.2 percent to 1.110 million, as increases were seen in manufacturing (1.1 percent) and construction (1.0 percent). In addition, payrolls in services went up 1.4 percent to 4.027 million, driven by gains in business services (2.1 percent), health (1.0 percent), transport and communication (2.1 percent), financial and insurance activities (1.2 percent), hotels and restaurants (0.7 percent), education (0.7 percent), and trade (1.1 percent).
2019-11-26
Swiss Non Farm Payrolls Rise to Record High
Switzerland's non-farm payrolls increased 1.2 percent from a year earlier to an all-time high of 5.109 million in the second quarter of 2019, following a 1.3 percent advance in the previous three-month period. Employment in the industrial sector grew 1.5 percent to 1.103 million, as increases were seen in manufacturing (1.5 percent) and construction (1.1 percent). In addition, payrolls in services went up 1.1 percent to 4.006 million, driven by gains in business services (2.0 percent), health (2.2 percent), transport and communication (0.9 percent), financial and insurance activities (0.7 percent), hotels and restaurants (1.1 percent), and education (0.3 percent). Meanwhile, employment fell in trade (-0.3 percent).
2019-08-29

Switzerland Non Farm Payrolls
In Switzerland, Non Farm Payrolls include employee jobs in secondary and tertiary sectors, self-employed jobs, apprentices and business owners.