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Unemployment Rate and Employment Change

Unemployment Rate measures the percentage of people that do not have jobs of all the people in the job force. Those people that are discouraged and "are not actively seeking work" are no longer counted. The participation rate tell you what percentage of the work-age population currently has a job.

Main Indicator: Unemployment Rate

Most Recent Release

March
8th, 2010

Actual

Forecast

Revised Form

4.1%

N/A

For February (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: 4.45, pr. 4.5% (Jan), 4.4% (Dec), 4.2% (Nov),
3.9% (Sep), 3.8% (Aug), 3.7% (Jul), 3.5% (Jun), 3.4% (May),
3.5% (Apr), 3.4% (Mar), 3.4% (Feb), 3.3% (Jan)

Switzerland’s seasonally adjusted unemployment rate was unchanged at 4.1% in February, while the non seasonally adjusted unemployment rate declined to 4.4% from January’s 4.5%, according to data from the State Secretariat for Economic Affairs.

Table of Past Data

	6/8	7/8	8/7	9/8	10/7	11/6	12/9	1/8	2/8	3/8

Actual	3.5%	3.8%	3.9%	4.0%	4.1%	4.1%	4.1%	4.2%	4.1%	4.1%
Forecast	3.6%	3.6%	3.9%	4.1%	4.1%	4.2%	4.2%	4.2%	4.3%	4.1%
Previous	3.4%	3.5%	3.8%	3.9%	4.0%	4.1%	4.1%	4.1%	4.2%	4.1%
Revised From	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Secondary Indicator: Employment Level

Most Recent Release

February
25th, 2010

Actual

Forecast

Revised Form

3.96M

3.95M

3.96M

N/A

For 4th Quarter
Provided by: Swiss Statistics

Employment Level y/y: -0.1%, pr. 0.2% (3Q) -0.4% (2Q),
0.8% (1Q), 1.6% (4Q '08), 2.0% (3Q), 2.4% (2Q), 2.8% (1Q)

Table of Past Data

	11/22	2/28	5/29	8/28	11/27	2/24	5/26	8/25	11/24	2/25

Actual	3.87M	3.88M	3.899M	3.924M	3.96M	3.96M	3.96M	3.95M	3.96M	3.96M
Forecast		3.86M	3.89M	3.91M	3.87M	3.91M	3.92M	3.96M	3.96M	3.95M
Previous	3.74M	3.87M	3.88M	3.90M	3.92M	3.96M	3.96M	3.96M	3.95M	3.96M
Revised From	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Past Releases

Unemployment Rate

February
8th, 2010

Actual

Forecast

Revised Form

4.1%

4.3%

4.2%

N/A

For January (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: 4.5%, forecast 4.6%, pr. 4.4% (Dec),
4.2% (Nov), 3.9% (Sep), 3.8% (Aug), 3.7% (Jul), 3.5% (Jun),
3.4% (May), 3.5% (Apr), 3.4% (Mar), 3.4% (Feb), 3.3% (Jan)

Unemployment Rate

January
8th, 2010

Actual

Forecast

Revised Form

4.2%

4.1%

N/A

For December (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: 4.4%, pr. 4.2% (Nov), 3.9% (Sep), 3.8% (Aug),
3.7% (Jul), 3.5% (Jun), 3.4% (May), 3.5% (Apr), 3.4% (Mar),
3.4% (Feb), 3.3% (Jan), 3.0% (Dec), 2.7% (Nov), 2.5% (Oct)

Unemployment Rate

December
9th, 2009

Actual

Forecast

Revised Form

4.1%

4.2%

4.1%

N/A

For October (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: pr. 3.9% (Sep), 3.8% (Aug), 3.7% (Jul),
3.5% (Jun), 3.4% (May), 3.5% (Apr), 3.4% (Mar), 3.4% (Feb),
3.3% (Jan), 3.0% (Dec), 2.7% (Nov), 2.5% (Oct), 2.4% (Sep)

Employment Level

November
24th, 2009

Actual

Forecast

Revised Form

3.96M

3.95M

N/A

Unemployment Rate

November
6th, 2009

Actual

Forecast

Revised Form

4.1%

4.2%

4.1%

N/A

Unemployment Rate

October
7th, 2009

Actual

Forecast

Revised Form

4.1%

4.0%

N/A

For September (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: 3.9%, pr. 3.8% (Aug), 3.7% (Jul), 3.5% (Jun),
3.4% (May), 3.5% (Apr), 3.4% (Mar), 3.4% (Feb), 3.3% (Jan),
3.0% (Dec), 2.7% (Nov), 2.5% (Oct), 2.4% (Sep), 2.4% (Aug)

Unemployment Rate

September
8th, 2009

Actual

Forecast

Revised Form

4.0%

4.1%

3.9%

N/A

For August (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: 3.8%, pr. 3.7% (Jul), 3.5% (Jun), 3.4% (May),
3.5% (Apr), 3.4% (Mar), 3.4% (Feb), 3.3% (Jan), 3.0% (Dec),
2.7% (Nov), 2.5% (Oct), 2.4% (Sep), 2.4% (Aug), 2.3% (Jul),
2.3% (Jun)

Employment Level

August
25th, 2009

Actual

Forecast

Revised Form

3.95M

3.96M

N/A

For 2nd Quarter
Provided by: Swiss Statistics

Employment Level y/y: -0.4%, forecast -0.1%, pr. 0.8% (1Q),
1.6% (4Q '08), 2.0% (3Q), 2.4% (2Q), 2.8% (1Q), 2.7% (4Q '07)

Unemployment Rate

August
7th, 2009

Actual

Forecast

Revised Form

3.9%

3.8%

N/A

For July (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: 3.7%, pr. 3.5% (Jun), 3.4% (May), 3.5% (Apr),
3.4% (Mar), 3.4% (Feb), 3.3% (Jan), 3.0% (Dec), 2.7% (Nov),
2.5% (Oct), 2.4% (Sep), 2.4% (Aug), 2.3% (Jul), 2.3% (Jun)

Unemployment Rate

July
8th, 2009

Actual

Forecast

Revised Form

3.8%

3.6%

3.5%

N/A

For June (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: 3.5%, pr. 3.4% (May), 3.5% (Apr), 3.4% (Mar),
3.4% (Feb), 3.3% (Jan), 3.0% (Dec), 2.7% (Nov), 2.5% (Oct),
2.4% (Sep), 2.4% (Aug), 2.3% (Jul), 2.3% (Jun)

Unemployment Rate

June
8th, 2009

Actual

Forecast

Revised Form

3.5%

3.6%

3.4%

N/A

For May (s.a.)
Provided by: Swiss Federal Statistics Office

Unempl. Rate n.s.a.: 3.4%, forecast 3.5%, pr. 3.5% (Apr), 3.4% (Mar),
3.4% (Feb), 3.3% (Jan), 3.0% (Dec), 2.7% (Nov), 2.5% (Oct), 2.4% (Sep),
2.4% (Aug), 2.3% (Jul), 2.3% (Jun)

Employment Level

May
26th, 2009

Actual

Forecast

Revised Form

3.96M

3.92M

3.96M

N/A

For 1st Quarter
Provided by: Swiss Statistics

Employment Level y/y: 0.8%, forecast -0.1%, pr. 1.6% (4Q), 2.0% (3Q),
2.4% (2Q), 2.8% (1Q), 2.7% (4Q '07)

Employment Level

February
24th, 2009

Actual

Forecast

Revised Form

3.96M

3.91M

3.96M

N/A

For 4th Quarter
Provided by: Swiss Statistics

Employment Level y/y: 1.6%, pr. 2.0% (3Q), 2.4% (2Q), 2.8% (1Q),
2.7% (4Q '07)

Employment Level

November
27th, 2008

Actual

Forecast

Revised Form

3.96M

3.87M

3.92M

N/A

For 3rd Quarter
Provided by: Swiss Statistics

Employment Level y/y: 2.0% (3Q), pr. 2.4% (2Q), 2.8% (1Q),
2.7% (4Q '07)

Employment Level

August
28th, 2008

Actual

Forecast

Revised Form

3.924M

3.91M

3.90M

N/A

For 2nd Quarter
Provided by: Swiss Statistics

Employment Level y/y: 2.4%, pr. 2.8% (1Q), 2.7% (4Q '07)

Employment Level

May
29th, 2008

Actual

Forecast

Revised Form

3.899M

3.89M

3.88M

N/A

For 1st Quarter
Provided by: Swiss Statistics

Employment Level y/y (1Q): 2.8%, forecast 2.6%, pr. 2.7%

Employment in the Swiss economy continued showing improvement. For the 1st quarter there were 3.899 million people employed an increase of 104,000 compared to the 1st quarter of 2007. The employment level increased 2.8% year-over-year, higher than expected. The tertiary (services) sector increased by 77K jobs compared to the 1st quarter of 2007, while the secondary sector saw a rise of 27K.

Employment Level

February
28th, 2008

Actual

Forecast

Revised Form

3.88M

3.86M

3.87M

N/A

For 4th Quarter
Provided by: Swiss Statistics

Employment saw a 2.7% increase for the 4th quarter compared to last year. As the data from Swiss Statistics shows all sectors experienced positive growth.

Employment Level

November
22nd, 2007

Actual

Forecast

Revised Form

3.87M

3.74M

N/A

For 3rd Quarter.