Switzerland Nominal Wage Growth

Wages in Switzerland increased 0.5 percent year-on-year in the first quarter of 2019. Wage Growth in Switzerland averaged 1.53 percent from 1991 until 2019, reaching an all time high of 7.80 percent in the second quarter of 1991 and a record low of 0.10 percent in the first quarter of 2017.

Wage Growth in Switzerland is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Switzerland to stand at 1.10 in 12 months time. In the long-term, the Switzerland Nominal Wage Growth is projected to trend around 1.60 percent in 2020, according to our econometric models.

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Switzerland Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	2.10	2.30	5.70	1.50	percent	[+]
Employed Persons	5076.00	5065.00	5080.00	3242.00	Thousand	[+]
Unemployed Persons	97222.00	101370.00	206291.00	26.00		[+]
Productivity	102.54	101.99	104.72	77.83	Index Points	[+]
Job Vacancies	35771.00	36183.00	36974.00	6014.00		[+]
Wages	6291.00	6260.00	6291.00	5082.00	CHF/Month	[+]
Wages in Manufacturing	113.10	113.20	113.20	100.00	Index Points	[+]
Population	8.48	8.42	8.48	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		[+]
Wage Growth	0.50	0.50	7.80	0.10	percent	[+]
Youth Unemployment Rate	1.90	1.90	5.70	1.40	percent	[+]
Job Offers	77273.00	74296.00	78215.00	29043.00		[+]
Labor Force Participation Rate	68.30	68.70	68.80	66.80	percent	[+]
Long Term Unemployment Rate	1.70	1.80	2.00	1.40	percent	[+]
Non Farm Payrolls	5071.00	5068.00	5071.00	3841.00	Thousand	[+]
Part Time Employment	1698.70	1691.90	1699.40	1064.50	Thousand	[+]
Employment Change	0.20	-0.10	1.20	-0.60	percent	[+]
Employment Rate	79.90	80.60	81.30	76.90	percent	[+]
Full Time Employment	2794.30	2832.20	2841.10	2628.90	Thousand	[+]

This page provides - Switzerland Nominal Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Nominal Wage Growth - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.50	0.50	7.80	0.10	1991 - 2019	percent	Quarterly	NSA

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Country	Last		Previous	Range
Argentina	2.77	Apr/19	3.58	6.33 : 0.74	%
Australia	2.30	Mar/19	2.3	4.3 : 1.9	%
Canada	2.90	Apr/19	1.8	5.5 : -0.4	%
Euro Area	2.50	Mar/19	2.3	3.4 : 0.8	%
France	0.80	Mar/19	0.2	1 : 0.1	%
Germany	1.20	Mar/19	1.4	6 : -2.7	%
Italy	1.60	May/19	1.5	15.8 : 0.3	%
Japan	-0.20	May/19	-0.3	35.02 : -7.1	%
Netherlands	2.34	Jun/19	2.16	4.71 : 0.44	%
Russia	2.30	Jun/19	1.6	27.2 : -41.4	%
Spain	4.62	May/19	4.08	9.03 : -7.18	%
Switzerland	0.50	Mar/19	0.5	7.8 : 0.1	%
United Kingdom	3.40	May/19	3.2	6.6 : -2.6	%
United States	3.59	May/19	3.56	13.78 : -5.88	%