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- Switzerland unemployment rate decreased in March
Switzerland unemployment rate decreased in March
According to State Secretariat for Economic Affairs (SECO) surveys, at the end of March 2019, 112'341 unemployed people were enrolled in the Regional Employment Centers (RAV), 7'132 less than in the previous month. The unemployment rate fell from 2.7% in February 2019 to 2.5% in the month under review. Compared with the same month of the previous year, unemployment fell by 18,072 persons (-13.9%).
Youth unemployment (15- to 24-year-olds) decreased by 1,206 (-9.4%) to 11,573. Compared to the same month last year, this represents a decrease of 1,978 persons (-14.6%).
The number of unemployed 50 and more fell by 1,505 people (-4.5%) to 31,872. Compared to the same month of the previous year, this represents a decrease of 4,767 persons (-13.0%).
A total of 189'467 job seekers were registered, 7'605 fewer than in the previous month. Compared to the same period of the previous year, this number fell by 11,652 persons (-5.8%).
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