According to surveys by the State Secretariat for Economic Affairs (SECO), at the end of August 2018 107,893 unemployed people were registered at the regional employment agencies (RAV), 1,841 more than in the previous month. The unemployment rate remained at 2.4% in the month under review. Compared to the same month of the previous year, unemployment fell by 27,685 people (-20.4%). Youth unemployment (aged 15-24) increased by 2'691 (+ 22.8%) to 14'498. Compared to the same month last year, this represents a decrease of 4,254 people (-22.7%).