Employment in Switzerland increases by 1.2% year-on-year in the second quarter

Market news

25 August 2015

Employment in Switzerland increases by 1.2% year-on-year in the second quarter

The Swiss Federal Statistical Office (FSO) released its employment data on Tuesday. The employment in Switzerland increased by 1.2% year-on-year in the second quarter, after a 0.4% gain in the first quarter.

The tertiary sector expanded at an annual rate of 1.6% in annual comparison), while the secondary sector declined -0.1%.

The number of job vacancies dropped by 8.3% year-on-year, while the employment outlook indicator fell 1.4%.

Federal Reserve Bank of Atlanta President Dennis Lockhart still expects the Fed to raise its interest rate this year

Option expiries for today's 10:00 ET NY cut

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