Switzerland's unemployment rate remained unchanged at a seasonally adjusted 3.2% in February

Market news

10 March 2015

Switzerland's unemployment rate remained unchanged at a seasonally adjusted 3.2% in February

The State Secretariat for Economic Affairs (Seco) released its labour market data on Tuesday. Switzerland's unemployment rate remained unchanged at a seasonally adjusted 3.2% in February, in line with expectations. January's figure was revised down from 3.1%.

The number of people registered at regional job offices declined by 1,025 to 149,921 in February from January.

The jobless rate for foreigners remained unchanged at 7%, while the rate for Swiss citizens fell to 2.3% in February from 2.4% in January.

U.S.: Wholesale Inventories, January +0.3% (forecast 0.0%)

U.S. Stocks open: Dow -0.78%, Nasdaq -0.89%, S&P -0.76%

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