More UST: unemployment falls in the second quarter of the year (cross-border guide)

Context

In a nutshell

• The unemployment rate as defined by the ILO stood at 4.9%.
• The unemployment rate in the first quarter was 5.2%.
• Unemployment calculated monthly by the State Secretariat for the Economy (Seco) stood at 3%.
• The number of people employed in the reference period increased by 0.8%.
• In terms of full-time equivalents (FTEs), growth was 0.6%.
• The employment rate for the 15-64 age group decreased from 80.0 to 79.5%.
• In ETP, the rate fell from 67.5 to 67.2%.
• The ILO unemployment rate in the European Union stood at 5.9%.
• In Germany, the rate went from 3.7% to 3.9%.
• In France, the rate went from 7.2% to 7.9%.
• In Italy, the rate went from 6.5% to 5.9%.
• In Austria, the rate went from 5.5% to 5.6%.

The unemployment rate as defined by the ILO stood at 4.9%. The unemployment rate in the first quarter was 5.2%. Unemployment calculated monthly by the State Secretariat for the Economy (Seco) stood at 3%. The number of people employed in the reference period increased by 0.8%. In terms of full-time equivalents (FTEs), growth was 0.6%. The employment rate for the 15-64 age group decreased from 80.0 to 79.5%. In ETP, the rate fell from 67.5 to 67.2%. The ILO unemployment rate in the European Union has been

Operational details

The Federal Statistical Office (FSO) noted a slight improvement in the labour market in Switzerland in the second quarter of the year. The unemployment rate as defined by the ILO stood at 4.9%, while in the first quarter it was 5.2%. Unemployment calculated monthly by the State Secretariat for the Economy (Seco) stood at 3%. The number of people employed in the reference period increased by 0.8%.

In terms of full-time equivalents (FTEs), growth was 0.6%. The employment rate for the 15-64 age group decreased from 80.0 to 79.5%. In ETP, the rate fell from 67.5 to 67.2%.

The ILO unemployment rate in the European Union stood at 5.9%. In Germany, the rate went from 3.7% to 3.9%. In France, the rate went from 7.2% to 7.9%. In Italy, the rate went from 6.5% to 5.9%. In Austria, the rate went from 5.5% to 5.6%.

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Key points

The fall in unemployment in the second quarter of the year could be a sign of an improving labour market in Switzerland. However, employment growth has been slow.

If you are interested in the most up-to-date data on the labour market in Switzerland, you can consult the website of the Federal Statistical Office (FSO).

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Source: swissinfo.ch