The Swiss State Secretariat for Economic Affairs released its unemployment data for Switzerland on Tuesday. The Swiss unemployment rate increased to a seasonally adjusted 3.5% in April from 3.4% in March. March's figure was revised down from 3.5%.

On a seasonally unadjusted basis, the unemployment rate in Switzerland decreased to 3.5% in April from 3.6% in March, in line with expectations.

The number of unemployed people in Switzerland fell by 5,784 to 149,540 in April from the previous month.

The youth unemployment rate was down to 3.2% in April from 3.4% in March.