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Switzerland Unemployment in September 2019: Unchanged at 2.1 percent, seasonally adjusted unchanged at 2.3 percent

 

Unemployment Rate (not seasonally adjusted)

Registered unemployment in September 2019 – According to surveys by the State Secretariat for Economic Affairs (SECO), at the end of September 2019, 99’098 unemployed people were enrolled in the Regional Employment Centers (RAV), 454 less than in the previous month. The unemployment rate remained at 2.1% in the month under review. Compared with the same month of the previous year, unemployment fell by 7,488 people (-7.0%).

Switzerland Unemployment Rate n.s.a., September 2019

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Switzerland Unemployment Rate n.s.a., September 2019

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Seasonally adjusted Unemployment Rate

The seasonally adjusted unemployment rate is unchanged at 2.3%.

Switzerland Unemployment Rate s.a., September 2019

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Switzerland Unemployment Rate s.a., September 2019

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Number of unemployed and Job seekers

Youth unemployment in September 2019

Youth unemployment (aged 15-24) decreased by 490 (-3.7%) to 12,652. Compared to the same month last year, this represents a decrease of 1,072 persons (-7.8%).

Unemployed 50-64 years in September 2019

The number of unemployed aged 50-64 decreased by 7 persons (-0.0%) to 27,421. Compared to the same month of the previous year, this corresponds to a decrease by 2’036 persons (-6.9%).

Job seekers in September 2019

A total of 171’423 jobseekers were registered, 1’574 more than in the previous month. Compared to the same period of the previous year, this number fell by 7,076 persons (-4.0%).

Reported vacancies in September 2019

On 1 July 2018, the obligation to register professional types with an unemployment rate of at least 8% was introduced throughout Switzerland. The number of vacancies reported to RAV decreased by 353 to 38,125 in September. Of the 38,125 jobs, 24,884 were subject to mandatory reporting.

Billed short-time work in July 2019

In July 2019, 744 persons were affected by short-time work, 763 fewer (-50.6%) than in the previous month. The number of affected companies decreased by 26 units (-31.0%) to 58. The lost working hours decreased by 14’885 (-25.0%) to 44’665 hours. In the same period of the previous year (July 2018), 21,451 lost hours had been registered, spread over 416 persons in 59 establishments.

Deductions in July 2019

According to preliminary figures from the unemployment insurance funds, the number of persons who had exhausted their right to unemployment benefit during the month of July 2019 amounted to 3’028 persons.

Switzerland, Number of Employed and Number of Job Seekers, September 2019

Switzerland, Number of Employed and Number of Job Seekers, September 2019

Source: newsd.admin.ch - Click to enlarge

 

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About SECO
SECO
State Secretariat for Economic Affairs SECO SECO is the federal government`s centre of excellence for all core issues relating to economic and labour market policy. It is our aim to contribute to sustained economic growth, high employment and fair working conditions, by creating the necessary regulatory, economic and foreign policy framework.
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