Notizie economiche
04.10.2024

Unemployment rate in Switzerland unexpectedly rose in September

Data published by the State Secretariat for Economic Affairs (SECO) showed that in September the number of unemployed increased by 1,891 (+1.7% m/m), to 113,245. Compared to the same month of the previous year, unemployment increased by 22,419 (+24.7%). The unemployment rate rose by 0.1% compared to August, to 2.5%. Economists had expected the unemployment rate to remain unchanged.

The seasonally adjusted number of unemployed increased in September by 2,492 (+2.1%) to 119,310. The seasonally adjusted unemployment rate rose by 0.1%, to 2.6%. From August to September, the number of youth unemployed (15- to 24-year-olds) increased by 52 people (+0.4%) to 11,957. Compared to the same month of the previous year, this corresponds to an increase of 2,178 persons (+22.3%). The youth unemployment rate remained at 2.7% in September. 

A total of 184,373 job seekers were registered in September, 4,137 people more than in the previous month (+2.3%). Compared to the same month of the previous year, this number increased by 30,838 people (+20.1%). The jobseeker ratio increased in September by 0.1%, to 4.0%.

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