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Switzerland – Unemployment rate remains flat

08 July 2013

Swiss unemployment for June 2013 remained flat at 3.2%, according to data released by the State of Economic Affairs (SECO). The total unemployment figure is 126,498, a fall of 4,792 compared with May 2013, but an increase of +10.1% compared with the same period last year.

Unemployment was higher among men than women, with 54.9% compared with 45.1% respectively. Year-on-year, this equates to +7.5% increase in female unemployment and a 12.7% increase in male unemployment. Swiss national unemployment remains marginally higher than foreign nationals, with 54.4% of Swiss seeking work compared with 45.6% non-Swiss. This represents as increase of +8% unemployment for Swiss citizens and +12.7% for foreign workers, compared with the same period last year. Further breakdown of nationality is not currently available.

Broken down into three main sectors, unemployment is highest in the service industry, accounting for 69.2% of total unemployment. This equates to a +8.8% increase in total numbers year-on-year Industry/manufacturing unemployment accounts for 21.9% of total unemployment, an increase of +27% in total numbers compared with the same period last year. Agriculture is the smallest industry with 6.7% of total unemployment, an increase of 15.8% compared with June 2012. 

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