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.

Switzerland Nominal Wage Growth
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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 [+]


Switzerland Nominal Wage Growth

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




Country Last Previous
Argentina 2.77 Apr/19
Australia 2.30 Mar/19
Canada 2.90 Apr/19
Euro Area 2.50 Mar/19
France 0.80 Mar/19
Germany 1.20 Mar/19
Italy 1.60 May/19
Japan -0.20 May/19
Netherlands 2.34 Jun/19
Russia 2.30 Jun/19
Spain 4.62 May/19
Switzerland 0.50 Mar/19
United Kingdom 3.40 May/19
United States 3.59 May/19


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