Switzerland's non-farm payrolls rose 2.2 percent year-on-year to 5.362 million in the third quarter of 2022, following a 3.2 percent advance in the previous three-month period. Employment in the industrial sector rose 2.0 percent to 1.122 million, as increases were seen in manufacturing (2.4 percent) and construction (1.0 percent). In addition, payrolls in services went up 2.3 percent to 4.241 million, driven by gains in hotels and restaurants (7.6 percent), transport and communication (3.2 percent), health (2.7 percent), business services (2.4 percent), education (1.6 percent) and financial and insurance activities (1.3 percent). Meanwhile, employment in wholesale and retail trade fell 0.1 percent. source: Swiss Federal Statistical Office

Non Farm Payrolls in Switzerland averaged 4447.03 Thousand from 1991 until 2022, reaching an all time high of 5362.00 Thousand in the third quarter of 2022 and a record low of 3841.00 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 February of 2023.

Non Farm Payrolls in Switzerland is expected to be 5340.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Non Farm Payrolls is projected to trend around 4980.00 Thousand in 2023 and 5150.00 Thousand in 2024, according to our econometric models.

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Switzerland Non Farm Payrolls



Calendar GMT Actual Previous Consensus TEForecast
2022-09-02 06:30 AM Q2 5.316M 5.273M 5.225M
2022-11-25 07:30 AM Q3 5.362M 5.316M 5.400M
2023-02-24 07:30 AM Q4 5.362M 5.3M


Related Last Previous Unit Reference
Employed Persons 5141.00 5144.00 Thousand Sep 2022
Wages 6652.00 6665.00 CHF/Month Dec 2021
Wages in Manufacturing 113.10 114.30 points Dec 2021
Non Farm Payrolls 5362.00 5316.00 Thousand Sep 2022
Job Offers 124175.00 127557.00 Sep 2022
Wage Growth 1.10 2.00 percent Sep 2022

Switzerland Non Farm Payrolls
In Switzerland, Non Farm Payrolls include employee jobs in secondary and tertiary sectors, self-employed jobs, apprentices and business owners.
Actual Previous Highest Lowest Dates Unit Frequency
5362.00 5316.00 5362.00 3841.00 1991 - 2022 Thousand Quarterly
NSA

News Stream
Swiss Non-Farm Payrolls Rise 2.2% in Q3
Switzerland's non-farm payrolls rose 2.2 percent year-on-year to 5.362 million in the third quarter of 2022, following a 3.2 percent advance in the previous three-month period. Employment in the industrial sector rose 2.0 percent to 1.122 million, as increases were seen in manufacturing (2.4 percent) and construction (1.0 percent). In addition, payrolls in services went up 2.3 percent to 4.241 million, driven by gains in hotels & restaurants (7.6 percent), transport & communication (3.2 percent), health (2.7 percent), business services (2.4 percent), education (1.6 percent) and financial & insurance activities (1.3 percent). Meanwhile, employment in wholesale and retail trade fell 0.1 percent.
2022-11-25
Swiss Non-Farm Payrolls Rise 3.2% YoY in Q2
Non-farm payrolls in Switzerland climbed by 3.2 percent year-on-year to 5.316 million in the second quarter of 2022, after an upwardly revised 2.9 percent gain in the previous three-month period. That was the fourth straight quarter of annual increase in employment, as the labor market further consolidated its recovery following the lifting of COVID-19 restrictions. Payrolls in services rose 3.4 percent to 4.209 million, mainly boosted by the hospitality (+17.3 percent). Meanwhile, employment in the industrial sector grew 2.2 percent to 1.107 million, as increases were seen in both manufacturing (+2.2 percent) and construction (+2.0 percent).
2022-09-02
Swiss Non-Farm Payrolls Rise 2.5% in Q1
Non-farm payrolls in Switzerland increased by 2.5 percent year-on-year to 5.227 million in the first quarter of 2022, after a 1.9 percent rise in the previous three-month period. That was the fourth straight quarter of annual increase in employment, as the labor market further consolidated its recovery following the easing of coronavirus restriction measures. Payrolls in services rose 2.6 percent to 4.129 million, mainly boosted by the hospitality (+9.8 percent). Meanwhile, employment in the industrial sector grew 2.0 percent to 1.098 million, as increases were seen in both manufacturing (+1.8 percent) and construction (+2.3 percent).
2022-05-30