The year 2025 will not rhyme with an employment boom in Switzerland. “The economic outlook remains relatively gloomy. Unemployment is even expected to increase slightly,” says Robin Gordon, chairman of the board of directors of the investment company Interiman Group.
The State Secretariat for the Economy (Seco) anticipates an unemployment rate of 2.7% next year compared to 2.6% in November. The watch industry and automotive subcontractors are particularly suffering from the global economic slowdown.
Layoffs are likely in manufacturing and industry-related services, according to Marine Conte of recruitment firm Academic Work. “Under the effect of this industrial downturn, the job market will continue to relax,” adds Robin Gordon.
Vicious circle
However, there are more companies looking for employees than those cutting their workforce. And the unemployed, for the most part, quickly find a job, according to the chairman of the board of directors of Interiman Group.
Among the sectors that are hiring, Robin Gordon spontaneously cites health and social action. “These two areas are facing a chronic labor shortage,” adds the personnel management specialist for whom it is easier to do without a luxury watch than a doctor.
Marine Conte makes the same observation: “Nurses, doctors and home care specialists will be in high demand in 2025”. In the eyes of Robin Gordon, the cantons of Vaud and Geneva are less affected by this problem due to cross-border workers than Fribourg.
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