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- Switzerland's unemployment rate rose slightly in January
Switzerland's unemployment rate rose slightly in January
According to the surveys conducted by the State Secretariat for Economic Affairs (SECO), 121'018 unemployed persons were registered at the regional employment centres (RAV) at the end of January 2020, 3'741 more than in the previous month. The unemployment rate thus rose from 2.5% in December 2019 to 2.6% in the reference month. Compared to the same month of the previous year, unemployment fell by 2,944 people (-2.4%).
Youth unemployment (15-24 year olds) increased by 207 people (+1.7%) to 12,597. Compared to the same month of the previous year, this corresponds to a decrease of 866 people (-6.4%).
The number of unemployed people aged 50-64 increased by 1,011 persons (+3.1%) to 34,150. Compared to the same month of the previous year, this corresponds to a decrease of 55 persons (-0.2%).
A total of 194'233 job seekers were registered, 1'278 more than in the previous month. Compared to the same period of the previous year, this number fell by 5,892 persons (-2.9%).
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