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Swiss jobless rate rises for second month in row

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Swiss jobless rate rises for second month in row
Map shows areas shaded in red where jobless rates in the country are highest. Graphic: Seco
10:11 CET+01:00
Unemployment in Switzerland rose for the second consecutive month in November to 3.4 percent from 3.3 percent in October and 3.2 percent a year earlier, according to figures issued by Bern on Wednesday.

The number of people registered for jobless benefits at regional job centres increased last month from October by 6,874 to 148,143, the State Secretariat for Economic Affairs said in its monthly report.

The rate of unemployed foreigners jumped to 6.7 percent from 6.2 percent, while the level for Swiss citizens edged up to 2.4 from 2.3 percent.

November's overall rate is the highest since March this year.

The canton of Geneva registered the highest jobless level of 5.6 percent, unchanged from the previous month, while Appenzell Innerrhoden had the lowest rate (0.9 percent, down from one percent).

Unemployment in Zurich, Switzerland's largest job market, increased to 3.7 percent from 3.6 percent.

The canton of Valais recorded the biggest percentage jump in the rate to 4.4 percent from 3.9 percent.

More information on the unemployment report, click here.  

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