A report on the number of people that are unemployed and seeking for work. A lower value reflects on a strong labor market, adding to consumer spending, economic growth and the possibility of a rate hike by central banks. |
Swiss Unemployment Rate
Swiss Unemployment Rate decelerated on a monthly basis for June 2017 by 3.23% compared to previous month’s value. Results were reported at 3.0%, declining from previous month’s values of 3.1% and meeting expectations of 3.0%. Unemployment Rate in Switzerland peaked at an all-time high point of 5.40% in March of 1997 and hit rock-bottom at 1.60% in November of 2000. |