• Swiss October jobless rate steady at 3.2%

Market news

8 November 2013

Swiss October jobless rate steady at 3.2%

Switzerland's jobless rate remained stable at seasonally adjusted 3.2 percent in October, data from the State Secretariat for Economic Affairs (SECO) showed Friday.

However, the rate on an unadjusted basis rose to 3.1 percent from 3 percent in September.

There were 133,443 unemployed people in October, up 2,371 from the previous month. Compared with the same period of last year, unemployment increased 7,907.

At the same time, youth unemployment declined by 926 from the previous month to 19,211 in October.

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