In Switzerland, the unemployment rate remained stable during the month of June –

In Switzerland, the unemployment rate remained stable during the month of June –
In Switzerland, the unemployment rate remained stable during the month of June –

The Swiss labour market saw little change in June. Compared to the previous month, the number of people registered with the regional employment offices (ORP) fell by 947 to 104,518, according to statistics published on Thursday by the State Secretariat for Economic Affairs (Seco).

The unemployment rate remained stable at 2.3%. In annual comparison, it shows an increase of 0.4 percentage points. The indicator adjusted for seasonal variations (CVS) remained at 2.4% on a monthly basis and year-on-year.

Compared to May, Seco noted an increase of 24 registered people (+0.3%) in the 15 to 24 age group, for a total of 8,948 unemployed. The youth unemployment rate stands at 2%. Among seniors, i.e. those over 50, this indicator fell by 0.3 points to 2.1% for 29,565 registered people (-1.1%).

More unemployment in French-speaking Switzerland

The number of job seekers in June was 174,964, a decrease of 0.8%. A decrease of 0.8% was also recorded for the long-term unemployed at 12,527. The number of vacancies was 39,592, of which 19,490 were subject to the obligation to register.

The statistics also remained stable by linguistic region, with French-speaking Switzerland and Ticino showing a rate of 3.2%, compared to 1.9% for German-speaking Switzerland. Variations in the cantons are less.

Geneva remains in a bad position

In French-speaking Switzerland, Geneva retains the highest proportion of unemployed at 4.1%, despite a drop of 0.1 points. Jura experienced a similar drop and posted 3.9%. Stability prevails in the canton of Vaud (2.6%), in those of Neuchâtel (3.3%) and Fribourg (2.2%). The unemployment rate in Valais fell by 0.1 points to 2.4%. In the French-speaking region of Bernese Jura, the indicator increased by 0.1 points to 3%.

The cantons of Zurich and Bern have suffered different fates: the former saw its rate fall by 0.1 points to 2% while the latter stagnated at 1.6%. Obwalden remains the best off despite an increase of 0.1 points to 0.7%.

Seco also provides statistics on short-time working for the month of April. The measures to reduce working hours affected 3,766 people, more than a third fewer than in one month. The decrease is a quarter for the companies affected, the number of which reached 198. Some 74,100 working hours were lost.

According to provisional data provided by the unemployment funds, 1,841 people exhausted their rights to unemployment insurance benefits in April, the press release states.




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