The Swiss unemployment rate stood at a non-seasonally adjusted 2.5 percent in November 2021, unchanged from October's a 20-month low, and below market consensus of 2.6 percent. The number of unemployed people fell by 489, or 0.4 percent to 116,244. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 2.0 percent from 2.1 percent in October, with the number of young unemployed falling by 420, or 3.8 percent to 10,751. Adjusted for seasonal factors, the unemployment rate edged down to 2.5 percent in November from 2.7 percent in October. source: State Secretariat for Economic Affairs

Unemployment Rate in Switzerland averaged 3.20 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 December of 2021.

Unemployment Rate in Switzerland is expected to be 3.00 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 3.20 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Switzerland Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-11-08 06:45 AM Oct 2.5% 2.6% 2.6% 2.6%
2021-12-07 06:45 AM Nov 2.5% 2.5% 2.6% 2.6%
2022-01-07 06:45 AM Dec 2.5%


Related Last Previous Unit Reference
Unemployment Rate 2.50 2.50 percent Nov/21
Unemployed Persons 116244.00 116733.00 Nov/21
Job Vacancies 54323.00 53672.00 Oct/21
Youth Unemployment Rate 2.10 2.40 percent Oct/21

News Stream
Switzerland Jobless Rate Stays at 20-Month Low
The Swiss unemployment rate stood at a non-seasonally adjusted 2.5 percent in November 2021, unchanged from October's a 20-month low, and below market consensus of 2.6 percent. The number of unemployed people fell by 489, or 0.4 percent to 116,244. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 2.0 percent from 2.1 percent in October, with the number of young unemployed falling by 420, or 3.8 percent to 10,751. Adjusted for seasonal factors, the unemployment rate edged down to 2.5 percent in November from 2.7 percent in October.
2021-12-07
Swiss Jobless Rate Down to 20-Month Low
The Swiss unemployment rate edged down to a non-seasonally adjusted 2.5 percent in October 2021, the lowest since February 2020. The number of unemployed people fell by 3,561, or 3.0 percent to 116,733. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to a 27-month low of 2.1 percent from 2.4 percent in September, with the number of young unemployed falling by 1,382, or 11.0 percent to 11,171. Adjusted for seasonal factors, the unemployment rate ticked down to 2.7 percent in October from 2.8 percent in September.
2021-11-08
Swiss Jobless Rate Falls to 19-Month Low
The Swiss unemployment rate inched down to a non-seasonally adjusted 2.6 percent in September 2021, the lowest since February 2020. The number of unemployed people fell by 6,061, or 4.8 percent to 120,294. Meantime, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, declined to 2.4 percent from 2.6 percent, with the number of young unemployed decreasing by 1,248, or 9 percent, to 12,553. Adjusted for seasonal factors, the unemployment rate edged down to 2.8 percent in September from 2.9 percent in the previous month.
2021-10-07

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.