Switzerland's non-farm payrolls rose 1.5 percent year-on-year to an all-time high of 5.213 million in the third quarter of 2021, following a 1.0 percent advance in the previous three-month period. Employment in the service sector rose 1.8 percent to 4.114 million helped by the loosening of COVID-19 restrictions and led by gains in business related services (3.5 percent), education (3.2 percent), health and social services (3.1 percent), financial services (1.3 percent), and transport and communication (0.8 percent). The job creation in the industry sector was up 0.2 percent, as an increase in construction employment (0.5 percent) offset a decline in manufacturing employment (-0.1 percent). source: Swiss Federal Statistical Office

Non Farm Payrolls in Switzerland averaged 4418.74 Thousand from 1991 until 2021, reaching an all time high of 5213 Thousand in the third quarter of 2021 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 January of 2022.

Non Farm Payrolls in Switzerland is expected to be 5180.00 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 5270.00 Thousand in 2022 and 5250.00 Thousand in 2023, according to our econometric models.

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Switzerland Non Farm Payrolls


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
5213.00 5126.00 5213.00 3841.00 1991 - 2021 Thousand Quarterly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-08-26 06:30 AM Q2 5.126M 5.101M 5.115M
2021-11-26 07:30 AM Q3 5.213M 5.126M 5.150M
2022-02-25 07:30 AM Q4 5.213M


Related Last Previous Unit Reference
Employed Persons 5096.00 5052.00 Thousand Sep/21
Wages 6354.00 6304.00 CHF/Month Dec/20
Wages in Manufacturing 114.30 112.90 points Dec/20
Non Farm Payrolls 5213.00 5126.00 Thousand Sep/21
Job Offers 94768.00 85377.00 Sep/21
Wage Growth -0.80 0.50 percent Jun/21


News Stream
Swiss Non Farm Payrolls Hit Record in Q3
Switzerland's non-farm payrolls rose 1.5 percent year-on-year to an all-time high of 5.213 million in the third quarter of 2021, following a 1.0 percent advance in the previous three-month period. Employment in the service sector rose 1.8 percent to 4.114 million helped by the loosening of COVID-19 restrictions and led by gains in business related services (3.5 percent), education (3.2 percent), health and social services (3.1 percent), financial services (1.3 percent), and transport and communication (0.8 percent). The job creation in the industry sector was up 0.2 percent, as an increase in construction employment (0.5 percent) offset a decline in manufacturing employment (-0.1 percent).
2021-11-26
Swiss Non-Farm Payrolls Rise for 1st Time in 5 Quarters
Non-farm payrolls in Switzerland increased by 0.6 percent year-on-year to 5.126 million in the second quarter of 2021, after a 0.6 percent decline in the previous three-month period. That was the first annual increase in employment since the first quarter of 2020, as the labor market consolidated its recovery following the easing of coronavirus restriction measures. Payrolls in services rose 1.1 percent to 4.043 million, mainly boosted by the company-related services (+4.7 percent). Meanwhile, employment in the industrial sector fell 1.2 percent to 1.083 million, as decreases were seen in both manufacturing (-1.4 percent) and construction (-1.3 percent).
2021-08-26
Payrolls in Switzerland Fall for 3rd Quarter
Non-farm payrolls in Switzerland decreased by 0.4 percent year-on-year to 5.135 million in the fourth quarter of 2020, the same pace as in the previous three-month period. It was the third consecutive quarter of declines in employment, amid the pandemic crisis. Employment in the industrial sector fell 1.2 percent to 1.085 million, as decreases were seen in both manufacturing (-1.2 percent or -8K) and construction (-1.6%, or -6K). In addition, payrolls in services went down 0.2 percent to 4.050 million, mainly dragged down by hotels & restaurants (-15.2% or -41K). On the other hand, growth was observed in the health and social services (2.8% or +21K) and in the retail sector (2.3% or 7K).
2021-02-26