According to the report from State Secretariat for Economic Affairs (SECO), at the end of February 2019, 119,473 unemployed people were registered in the Regional Employment Centers (RAV), 4,489 fewer than in the previous month. The unemployment rate fell from 2.8% in January 2019 to 2.7% in the reporting month. Compared with the same month last year, unemployment fell by 24,457 (-17.0%).

Youth unemployment (15-24 year-olds) decreased by 684 (-5.1%) to 12,779. Compared to the same month of the previous year, this corresponds to a decrease by 3'012 persons (-19.1%).

The number of unemployed 50 and more decreased by 926 people (-2.7%) to 33,377. Compared to the same month of the previous year, this represents a decrease of 5,745 persons (-14.7%).

A total of 197,072 job seekers were registered, 3,053 fewer than the previous month. Compared to the same period of the previous year, this number fell by 11,545 (-5.5%).