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UNEMPLOYMENT

Swiss jobless rates continue to rise

More signs of Switzerland’s slowing economy emerged in the final month of 2012 as the country’s jobless rate rose to 3.3 percent, up from 3.1 percent in November.

Swiss jobless rates continue to rise
Photo: Canton of Geneva

A total of 142,309 people were registered as unemployed in December, 10,242 more people than the previous month, according to figures released on Tuesday by the state secretariat for the economy (Seco).

The number of people without a job jumped 8.9 percent year over year, Seco said.

The canton of Valais was particularly hard hit, with unemployment levels rising to 5.3 percent in December from four percent the previous month.

The average number of people unemployed in 2012 rose to close to 125,600, around 2,700 more than in 2011.

Seco nevertheless tried to put the figures in context, noting that they were among the best three years in the last decade.

Jobless rates remained significantly worse in French- and Italian-speaking parts of the country (4.8 percent overall, up from 4.4 percent in November) than in German-speaking cantons (2.7 percent overall, up from 2.5 percent).

Unemployment among foreigners rose significantly to 6.5 percent percent last month, up from 5.8 percent a year earlier.

The canton of Neuchâtel recorded the highest jobless rate at year’s end (5.4 percent, up from five percent in November), while Obwald registered the lowest rate at just one percent (unchanged).

 Zurich’s rate mirrored the national average, rising to 3.3 percent from 3.1 percent in November.

The canton of Geneva, with the second worst jobs record in the country, saw its rate increase in December to 5.3 percent from 5.2 percent the previous month, although this was slightly lower than the 5.4 percent recorded at the end of 2011.

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UNEMPLOYMENT

Jobs in Switzerland: Which sectors have been hit hardest by the coronavirus pandemic?

The health crisis has impacted Switzerland’s job market, with the number of unemployed people rising across the country. Some 48,000 more people than in the same month last year are looking for work.

Jobs in Switzerland: Which sectors have been hit hardest by the coronavirus pandemic?
More people are looking for jobs now than last year. Photo by AFP

Some 48,000 more people than in the same month last year are looking for work.

At the end of January 2021, 169,753 people were registered as unemployed with the regional employment offices — 6,208 more than the previous month, according to figures from the State Secretariat for Economic Affairs (SECO). 

The unemployment rate increased from 3.5 percent in December 2020 to 3.7 percent currently. In all, 48,735 people more are jobless, compared to the same period in 2020 —that is a difference of 40.3 percent.

SECO data also shows that:

Among the most impacted sectors are retail and commerce (23,039 unemployed) and hotels and restaurants (18,837).

With the unemployment rate of 3.89 percent, French-speaking Switzerland is more impacted by joblessness than Swiss-German cantons (3.2 percent). The most affected canton is Jura, where unemployment rate is 5.7 percent, followed by Geneva (5.6 percent), Neuchâtel (5.1 percent) and Vaud, (5 percent).

Of the German-speaking cantons, Basel-City has the most unemployed people (4.4 percent), followed by Schaffhausen (4.3 percent) and Aargau (4 percent).

The red areas are the ones most impacted by unemployment. Map by SECO

 

There are more unemployed among the foreign population (6.7 percent) than among the Swiss (2.5 percent). Of foreign nationals, the highest number of people without jobs come from Eastern Europe: Bulgaria (16.3 percent), Romania (12.1 percent), Poland (10.2 percent), and Hungary (9 percent)

READ MORE: Jobs in Switzerland: Foreigners 'less likely to be hired than Swiss nationals' 

A study published in December 2020, shows that thousands of cross-border workers from France have also been affected by unemployment since the start of the pandemic nearly a year ago. 

About 13 percent of workers from France have lost their Swiss jobs, mostly in the hotel, restaurant, and construction industry.

 

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