The Swiss unemployment rate stood at a non-seasonally adjusted 2.0 percent in July 2022, the same as in June which was the lowest reading since November 2001. The number of unemployed people declined by 1,037, or 1.1 percent to 91,474. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged up to a four-month peak of 1.8 percent in July from 1.7 percent in June, with the number of young unemployed increasing by 331, or 4.3 percent to 8,089. Adjusted for seasonal factors, the unemployment rate was also at 2.2 percent in July, the same as in the previous four months. source: State Secretariat for Economic Affairs

Unemployment Rate in Switzerland averaged 3.18 percent from 1995 until 2022, 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 August of 2022.

Unemployment Rate in Switzerland is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Unemployment Rate is projected to trend around 2.80 percent in 2023, according to our econometric models.

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Switzerland Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-07-07 05:45 AM Jun 2.0% 2.1% 2% 2.1%
2022-08-08 05:45 AM Jul 2.0% 2.0% 2.1%
2022-09-08 05:45 AM Aug 2% 2%


Related Last Previous Unit Reference
Unemployment Rate 2.00 2.00 percent Jul 2022
Unemployed Persons 91474.00 92511.00 Jul 2022
Job Vacancies 66333.00 68050.00 Jun 2022
Youth Unemployment Rate 1.80 1.70 percent Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 5.70 1.50 1995 - 2022 percent Monthly
NSA

News Stream
Swiss Jobless Rate Stays at 21-1/2-Year Low
The Swiss unemployment rate stood at a non-seasonally adjusted 2.0 percent in July 2022, the same as in June which was the lowest reading since November 2001. The number of unemployed people declined by 1,037, or 1.1 percent to 91,474. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged up to a four-month peak of 1.8 percent in July from 1.7 percent in June, with the number of young unemployed increasing by 331, or 4.3 percent to 8,089. Adjusted for seasonal factors, the unemployment rate was also at 2.2 percent in July, the same as in the previous four months.
2022-08-08
Swiss Jobless Rate Inches Lower to Near 21-Year Low
The Swiss unemployment rate edged down to a non-seasonally adjusted 2.0 percent in June 2022 from 2.1 percent in the prior month, pointing to the lowest reading since November 2001. The number of unemployed people declined by 5,493, or 5.6 percent to 92,511. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, stayed at 1.5 percent in June, staying at its lowest level since June 2001, with the number of young unemployed falling by 332, or 4.1 percent to 7,758. Adjusted for seasonal factors, the unemployment rate was at 2.2 percent in June, the same as in the previous three months.
2022-07-07
Swiss Jobless Rate Falls to Near 3-Year Low
The Swiss unemployment rate dropped to a non-seasonally adjusted 2.1 percent in May 2022 from 2.3 percent in the prior month, pointing to the lowest reading since September 2019. The number of unemployed people declined by 6,387, or 6.1 percent to 98,004. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, inched lower to 1.5 percent in May, the lowest since June 2001, with the number of young unemployed falling by 444, or 5.2 percent to 8,090. Adjusted for seasonal factors, the unemployment rate was at 2.2 percent in May, the same as in the previous two months..
2022-06-08