Despite global uncertainties, the outlook for the Swiss labour market is improving. This is according to the employment indicator calculated by the KOF Institute, the economic research centre at the Swiss Federal Institute of Technology ETH Zurich. The index stood at 2.1 points in the third quarter, up 0.5 points on the April–June period and once again in line with the +2.1 recorded in the first three months of the year, according to tables published on Monday by the KOF. The index – which is based on responses from 4,200 companies – therefore remains above the long-term average of 1.7 points. After peaking in mid-2022, the indicator had fallen steadily for around three years, slipping into negative territory in the third quarter of 2025 for the first time since the pandemic. The recovery that began in the final quarter of last year is therefore continuing. + Swiss job market stagnates At sector level, the most significant rise was recorded in the retail trade, where the figure ...
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