Swiss Unemployment Rate Was Unchanged in July, Government Says

Swiss unemployment remained steady in July, suggesting the economy is holding up in the face of a worsening European fiscal crisis.

The jobless rate, adjusted for seasonal swings, held at 2.9 percent from June, the State Secretariat for Economic Affairs in Bern said in an e-mailed statement today. The unadjusted jobless rate was unchanged at 2.7 percent, today’s report showed. The number of job openings fell by 381 to 17,112 in July.

To contact the reporter on this story: Klaus Wille in Zurich at kwille@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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