The number of job vacancies in Switzerland fell 25.5% year over year in July to 36,674, according to the State Secretariat for Economic Affairs.

Compared to June, the number fell 7.4%, or 6.5% on a seasonally adjusted basis.

SECO also reported the number of unemployed workers rose by 23.0% year over year in July to 107,716. The increase was 3.1% compared to June. In addition, Switzerland’s seasonally adjusted unemployment rose by 0.1 of a percentage point in July from June. It now stands at 2.5%.

The organisation published its labour market situation report on 6 August. Other findings included:

• The number of job seekers in Switzerland rose by 18.9% year over year to 179,139 in July.
• Total terminations — those who had exhausted their right to unemployment benefits — rose by 34.5% in May compared to April. This metric is released with a two-month delay, so the May number is being reported in the July report.
• Those involved in short time fell by 20.4% compared to April to 4,798. This metric is also released with a two-month delay, so the May number is being reported in the July report.