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). source: Swiss Federal Statistical Office

Non Farm Payrolls in Switzerland averaged 4412.13 Thousand from 1991 until 2021, 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 October of 2021.

Non Farm Payrolls in Switzerland is expected to be 5150.00 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


Calendar GMT Actual Previous Consensus TEForecast
2020-11-26 07:30 AM Q3 5.138M 5.095M 4.890M
2021-02-26 07:30 AM Q4 5.135M 5.138M 5.0M
2021-05-27 06:30 AM Q1 5.101M 5.141M 5.190M
2021-08-26 06:30 AM Q2 5.126M 5.101M 5.115M
2021-11-26 07:30 AM Q3 5.126M 5.150M


News Stream
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
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

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

Switzerland Last Unit Reference Previous Highest Lowest
Employed Persons 5052.00 Thousand Jun/21 5054.00 5131.00 3242.00
Wages 6354.00 CHF/Month Dec/20 6304.00 6354.00 5082.00
Wages in Manufacturing 114.30 points Dec/20 112.90 114.30 100.00
Wage Growth -0.80 percent Jun/21 0.50 7.80 -0.80
Non Farm Payrolls 5126.00 Thousand Jun/21 5101.00 5159.00 3841.00
Job Offers 71048.00 Mar/21 65642.00 83600.00 29043.00