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- Switzerland's unemployment rate unexpectedly fell in June
Switzerland's unemployment rate unexpectedly fell in June
According to surveys by the State Secretariat for Economic Affairs (SECO), 150,289 unemployed people were registered with the regional employment centers at the end of June 2020, 5,709 fewer than in the previous month. The unemployment rate fell from 3.4% in May 2020 to 3.2% in the reporting month. Unemployment rose by 53,067 people (+ 54.6%) compared to the same month last year.
Youth unemployment in June 2020 Youth unemployment (15- to 24-year-olds) decreased by 441 people (-2.5%) to 17,317. Compared to the same month of the previous year, this corresponds to an increase of 7,555 people (+77.4%).
The number of unemployed 50-64 years decreased by 1,206 persons (-2.9%) to 39,684. Compared to the same month of the previous year, this corresponds to an increase of 11,583 people (+41.2%).
A total of 233’454 job seekers were registered, 472 more than in the previous month. Compared to the same period of the previous year, this number increased by 62,654 persons (+36.7%).
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