According to the State Secretariat for Economic Affairs (SECO) surveys, 139,778 unemployed were registered at the Regional Employment Centers (RAV) at the end of May 2017, 6,549 less than in the previous month. The unemployment rate thus fell from 3.3% in April 2017 to 3.1% in the reporting month. Compared to the previous month, unemployment fell by 5,000 persons (-3.5%). Youth unemployment in May 2017 Youth unemployment (15 to 24 year olds) decreased by 1,260 (-7.8%) to 14'956. Compared to the previous year, this represents a drop of 1'767 persons (-10.6%).