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 February of 2021.

Non Farm Payrolls in Switzerland is expected to be 4950.00 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 4890.00 in 12 months time. In the long-term, the Switzerland Non Farm Payrolls is projected to trend around 4990.00 Thousand in 2022 and 5150.00 Thousand in 2023, according to our econometric models.

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Switzerland Non Farm Payrolls

Actual Previous Highest Lowest Dates Unit Frequency
5138.00 5095.00 5159.00 3841.00 1991 - 2020 Thousand Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
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 5.095M 5.132M 4.765M
2020-11-26 07:30 AM Q3 5.138M 5.095M 4.890M
2021-02-26 07:30 AM Q4 5.138M 5.0M
2021-05-26 06:30 AM Q1
2021-08-25 06:30 AM Q2
2021-11-26 07:30 AM Q3
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Payrolls in Switzerland Fall for 2nd Quarter
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.
2020-11-26
Swiss Non Farm Payrolls Fall 0.6% in Q2
Switzerland's non-farm payrolls declined 0.6 percent from a year earlier to 5.095 million in the second quarter of 2020, following a 0.9 percent rise in the previous three-month period. Employment in the industrial sector dropped 0.4 percent to 1.096 million, as decreases were seen in manufacturing (-0.9 percent) while employment in construction edged higher (0.1 percent). In addition, payrolls in services went down 0.6 percent to 3.999 million, dragged by looses in hotels and restaurants (-12.1 percent) as the coronavirus crisis hit the sector hard, while employment increased in education (3.0 percent), health (1.6 percent) and transport and communication (1.0 percent). Decreases also were seen in business services (-2.3 percent) and trade (-0.1 percent).
2020-08-25
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

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