According to the report from State Secretariat for Economic Affairs (SECO), at the end of August 2020, 151 111 unemployed persons were registered with the Regional Employment Service Centres, 2 241 more than in the previous month. The unemployment rate thus rose from 3.2% in July 2020 to 3.3% in the reference month. Compared with the same month of the previous year, unemployment rose by 51,559 people (+51.8%).

Youth unemployment (15 - to 24-year-olds) rose by 2,446 people (+13.7%) to 20,341. Compared with the same month of the previous year, this corresponds to an increase of 7,199 people (+54.8%).

A total of 237 215 job seekers were registered, 1 453 more than in the previous month. Compared to the same period of the previous year, this number increased by 67,366 persons (+39.7%).

In June 2020 488 312 people were affected by short-time work, 402 578 fewer people (-45,2%) than in the previous month. The number of affected farms decreased by 57 583 units (-52,4%) to 52 405. The unusual work hours declined by 29 558 322 (-51,0%) on 28 374 970 hours. In the corresponding period of the previous year (June 2019), 59 550 hours of downtime had been registered, which had been spread over 1 507 persons in 84 establishments.