Swiss Unemployment Rate Stayed at Low
Swiss unemployment remained at the lowest in almost three years in November, suggesting the labor market is still robust even as economic growth is cooling.
The jobless rate held at 3 percent when adjusted for seasonal swings, the State Secretariat for Economic Affairs in Bern said in an e-mailed statement today. That’s the lowest since January 2009 and in line with the median forecast of 11 economists in a Bloomberg News survey.
The unadjusted jobless rate rose to 3.1 percent from 2.9 percent in October, according to the statement. The number of job openings fell by 1,355 to 17,395 in November.
To contact the reporter on this story: Klaus Wille in Zurich at firstname.lastname@example.org
To contact the editor responsible for this story: Klaus Wille at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.