Navigation

Skiplink Navigation

Main Features

Unemployment dips below 2 per cent

Teaching people new skills at a work centre in Wallisellen.

(Keystone)

The unemployment rate has fallen below two per cent, for the first time in over eight years. Figures released by the economics ministry show 69,788 people were registered as jobless in May, down from 75,642 (or 2.1 per cent) in April.

The economics minister, Pascal Couchepin, said the figures represented an important moment for the Swiss economy.

He said the exceptional figures were partly due to current economic conditions, but that the flexibility of the labour market, stable labour relations and the quality of training were also responsible.

Looking at the regional figures, the ministry said on Friday that unemployment had fallen most in the Italian-speaking canton of Ticino. The jobless rate there fell by 0.4 per cent to 2.7 per cent. However, Geneva still has, by far, the highest unemployment rate at 4.4 per cent.

The number of job vacancies in Switzerland has risen to 15,724.

swissinfo with agencies


Links

Neuer Inhalt

Horizontal Line


subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.







Click here to see more newsletters

swissinfo EN

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

Join us on Facebook!

×