How coronavirus has devastated the Swiss job market

How coronavirus has devastated the Swiss job market
Photo by Clem Onojeghuo for Unsplash
The coronavirus pandemic has had a devastating impact on the Swiss job market, cutting available jobs in all industries and in all regions.

Overall, there has a been a 27 percent decrease in available job ads from the first quarter of 2020 to the second. In some industries, the impact has been far more pronounced. 

It is the most significant slump in Swiss job figures in recent years, more significant even than that seen as a result of the Global Financial Crisis in 2008, reports Swiss news outlet 20 Minutes

The study was a joint project between employment agency Adecco and the University of Zurich. 

Every industry takes a hit

Although the coronavirus has had an uneven impact on different industries in Switzerland, job vacancies have declined across the board. 

The lowest decline was seen in the natural sciences and technology, where 17 percent fewer jobs were available. 

The construction industry saw an 18 percent decline. 

At the other end of the spectrum, the personal services and hospitality industries saw a far more significant decline in job advertisements – with 39 percent fewer job ads. 

Office and administrative jobs – which may have seemed less vulnerable to the impact of the coronavirus – have also declined considerably. There has been a 35 percent drop in these sectors. 

Here there and everywhere

Although the coronavirus has hit some areas far harder than others, the economic fallout has been more uniform. 

Coronavirus in Switzerland: Why have the French and Italian-speaking regions been so hard hit? 

In French and Italian-speaking Switzerland there has been a decrease in vacancies of 29 percent – just above that of German-speaking Switzerland. 

Eastern Switzerland was the least affected, however there is still a 24 percent loss of available jobs in the region. 

 


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