The Swiss unemployment rate declined to a non-seasonally adjusted 3.1 percent in May 2021, the lowest since March 2020, as the number of unemployed people fell by 8,313, or 5.5 percent, to 142,966. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, decreased to 2.4 percent from 2.7 percent, with the number of young unemployed falling by 1,350, or 9.6 percent, to 12,754. Adjusted for seasonal factors, the unemployment rate went down to 3.0 percent in May, from a marginally revised 3.2 percent in the previous month. source: State Secretariat for Economic Affairs

Unemployment Rate in Switzerland averaged 3.22 percent from 1995 until 2021, reaching an all time high of 5.70 percent in January of 1997 and a record low of 1.50 percent in May of 2001. This page provides - Switzerland Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Unemployment Rate in Switzerland is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Switzerland to stand at 3.20 in 12 months time. In the long-term, the Switzerland Unemployment Rate is projected to trend around 3.20 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Switzerland Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.30 5.70 1.50 1995 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-08 06:45 AM Feb 3.6% 3.7% 3.8%
2021-04-09 05:45 AM Mar 3.4% 3.6% 3.6% 3.8%
2021-05-07 05:45 AM Apr 3.3% 3.4% 3.3% 3.4%
2021-06-07 05:45 AM May 3.1% 3.3% 3.4%
2021-07-08 05:45 AM Jun 3.1% 3%
2021-08-09 05:45 AM Jul
2021-09-07 05:45 AM Aug
2021-10-07 05:45 AM Sep
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Swiss Jobless Rate Falls to 14-Month Low
The Swiss unemployment rate declined to a non-seasonally adjusted 3.1 percent in May 2021, the lowest since March 2020, as the number of unemployed people fell by 8,313, or 5.5 percent, to 142,966. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, decreased to 2.4 percent from 2.7 percent, with the number of young unemployed falling by 1,350, or 9.6 percent, to 12,754. Adjusted for seasonal factors, the unemployment rate went down to 3.0 percent in May, from a marginally revised 3.2 percent in the previous month.
2021-06-07
Swiss Jobless Rate Edges Down to 5-Month Low
The Swiss unemployment rate inched down to a non-seasonally adjusted 3.3 percent in April 2021 from 3.4 percent in the previous month, matching market consensus. It was the lowest jobless rate since last November, as the number of unemployed people fell by 6,689, or 4.2 percent, to 151,279. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 2.7 percent from 3.0 percent, with the number of young unemployed falling by 1,457, or 9.4 percent, to 14,104. Adjusted for seasonal factors, the unemployment rate decreased to 3.1 percent in April from 3.3 percent in the previous month.
2021-05-07
Switzerland Jobless Rate Falls to 4-Month Low
The Swiss unemployment rate declined to a non-seasonally adjusted 3.4 percent in March 2021 from 3.6 percent in the previous month, below market consensus of 3.6 percent. It was the lowest jobless rate since last November, as the number of unemployed people fell by 9,985, or 5.9 percent, to 157,968. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 3.0 percent from 3.3 percent, with the number of young unemployed falling by 1,787, or 10.2 percent, to 15,561. Adjusted for seasonal factors, the unemployment rate inched down to 3.3 percent in February from a revised 3.4 percent in the previous month.
2021-04-09
Switzerland Jobless Rate Edges Down to 3.6%
The Swiss unemployment rate inched down to a non-seasonally adjusted 3.6 percent in February 2021 from 3.7 percent in the previous month, as the number of unemployed people fell by 1,800, or 1.1 percent, to 167,953. Meantime, youth unemployment rate, measuring job-seekers between 15 and 24 years old edged down to 3.3 percent from 3.4 percent, with the number of young unemployed declining by 438, or 2.5 percent, to 17,328. Adjusted for seasonal factors, the unemployment rate increased to 3.6 percent in February from 3.5 percent in the previous month.
2021-03-08

Switzerland Unemployment Rate
In Switzerland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.