Report: long-term unemployment can be reduced by benefit cuts
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Long-term unemployment in Switzerland can be reduced if the duration of benefit payments is shortened and if the cantonal authorities pursue a more active re-integration policy, a newly-released report said Monday. The report was commissioned by the State Secretariat for the Economy and is based on an extensive study of the long-term unemployed between 1984…
Report: Bilateral accords with EU would boost Swiss economy
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Switzerland’s bilateral accords with the European Union, which still have to be ratified, would benefit the Swiss economy and lead to a long-term increase in Gross Domestic Product of up to 2 percent, according to a report released on Friday. The findings of the report, commissioned with several others to assess the impact of further…
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The Swiss Economics Minister Pascal Couchepin on Monday confirmed reports that uunemployment in Switzerland had dropped below the 100,000 jobless mark in May. With just over 98,000 people out of work, Switzerland’s official unemployment rate has now dropped to 2.7 percent — the lowest figure since 1992. The figure is somewhat controversial and critics have…
