Switzerland’s non-farm payrolls rose 2.3 percent year-on-year to 5.398 million in the fourth quarter of 2022, edging higher from 2.2 percent in the previous three-month period. Employment in the industrial sector grew 2.3 percent to 1.121 million, as increases were seen for construction (2.6 percent), manufacturing (2.1 percent), and mining (2 percent). Also, payrolls in services went up by 2.2 percent to 4.276 million, mainly driven by rises in transport (2.7 percent), hotels & gastronomy (7.8 percent) and health & social work activities (2.8 percent). source: Swiss Federal Statistical Office

Non Farm Payrolls in Switzerland averaged 4454.58 Thousand from 1991 until 2022, reaching an all time high of 5398.00 Thousand in the fourth 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 March of 2023.

Non Farm Payrolls in Switzerland is expected to be 5300.00 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 5150.00 Thousand in 2024 and 5290.00 Thousand in 2025, according to our econometric models.

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Switzerland Non Farm Payrolls



Calendar GMT Actual Previous Consensus TEForecast
2022-11-25 07:30 AM Q3 5.362M 5.316M 5.400M
2023-02-24 07:30 AM Q4 5.398M 5.362M 5.3M
2023-05-30 06:30 AM Q1 5.398M 5.3M


Related Last Previous Unit Reference
Employed Persons 5192.00 5183.00 Thousand Dec 2022
Wages 6652.00 6665.00 CHF/Month Dec 2021
Wages in Manufacturing 113.10 114.30 points Dec 2021
Non Farm Payrolls 5398.00 5362.00 Thousand Dec 2022
Job Offers 121782.00 124175.00 Dec 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
5398.00 5362.00 5398.00 3841.00 1991 - 2022 Thousand Quarterly
NSA

News Stream
Swiss Non-Farm Payrolls Up 2.3% in Q4
Switzerland’s non-farm payrolls rose 2.3 percent year-on-year to 5.398 million in the fourth quarter of 2022, edging higher from 2.2 percent in the previous three-month period. Employment in the industrial sector grew 2.3 percent to 1.121 million, as increases were seen for construction (2.6 percent), manufacturing (2.1 percent), and mining (2 percent). Also, payrolls in services went up by 2.2 percent to 4.276 million, mainly driven by rises in transport (2.7 percent), hotels & gastronomy (7.8 percent) and health & social work activities (2.8 percent).
2023-02-24
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