Swiss unemplyment rate rose in November

Market news

9 December 2016

Swiss unemplyment rate rose in November

According to the State Secretariat of Economic Affairs (SECO) surveys, 149,228 unemployed were registered at the Regional Employment Services Centers (RAV) at the end of November 2016, 4,697 more than in the previous month.

The unemployment rate thus rose from 3.2% in October 2016 to 3.3% in the reporting month. Compared to the previous month, unemployment increased by 1,085 persons (+ 0.7%). Youth unemployment in November 2016 Youth unemployment (15 to 24 year olds) decreased by 174 persons (-0.9%) to 18'921. Compared to the previous year, this corresponds to a decrease of 1,133 persons.

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