Expats continue hardest hit as jobless rate grows

Expats continue hardest hit as jobless rate grows
With jobless levels over four percent marked in red, map shows French-speaking cantons and Ticino are worst affected. Image: Seco
Non-Swiss residents continue to suffer most from growing unemployment in Switzerland, government figures show.

The overall jobless rate increased in November for the second consecutive month, rising to 3.2 percent from 3.1 percent in October and the same period a year earlier, the state secretariat for economic affairs (Seco) said.

The unemployment level among foreigners jumped to 6.2 percent, up from 5.8 percent in October and 5.6 percent in September, Seco said.

The rate among Swiss citizens inched up to 2.3 percent from 2.2 percent.

A total of 139,073 people were registered for unemployment benefits at the end of November, 5,630 more than a month earlier, Seco said.

The number of job seekers, meantime, rose 4.4 percent to 196,522 over the same period.

The number of advertised jobs fell by almost 11 percent to 11,568, a 27 percent drop from November 2012 when 15,876 vacancies were announced.

Schaffhausen was the only canton to record a drop in the jobless rate (2.8 percent, down from 2.9), with 18 cantons registering increases and seven unchanged.

Geneva continued to post the highest rate (5.5 percent, unchanged) while Nidwalden boasted the lowest rate (one percent, up from 1.1 percent).

The canton of Valais showed the highest increase in unemployment at 4.2 percent, up from 3.6, followed by Ticino (4.8 percent, up from 4.5).

The rate in Zurich rose above the national level to 3.3 from 3.1 percent, while in Bern it rose to 2.5 from 2.3 percent.

For the full report (in German, French and Italian) check here

Jobs in Switzerland

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