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- Switzerland's unemployment rate fell slightly in June
Switzerland's unemployment rate fell slightly in June
According to surveys by the State Secretariat for Economic Affairs (SECO), at the end of June 2019, 97,222 unemployed were registered at the regional employment agencies (RAV), 4,148 less than in the previous month. The unemployment rate fell from 2.2% in May 2019 to 2.1% in the month under review. Compared to the same month last year, unemployment fell by 9,357 people (-8.8%).
Youth unemployment (15-24 year-olds) decreased by 287 (-2.9%) to 9,762. Compared to the same month of the previous year, this represents a decrease of 975 persons (-9.1%).
The number of unemployed aged 50-64 decreased by 978 people (-3.4%) to 28,101. Compared to the same month of the previous year, this corresponds to a decrease of 2,912 persons (-9.4%).
A total of 170,800 jobseekers were registered, 5,328 fewer than in the previous month. Compared with the same period of the previous year, this number fell by 8,977 persons (-5.0%).
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