Switzerland Unemployment Rate

The Swiss unemployment rate stood to a non-seasonally adjusted 2.5% in October 2024, unchanged from the prior month. The number of unemployed persons increased by 3,202 from a month earlier to a 32-month high of 116,447. Meanwhile, the youth unemployment rate, measuring job-seekers between 15 to 24 years old, edged down to 2.6% from 2.7% in each of the previous two months, with the number of young unemployed falling by 336 to 11,621. The number of vacancies reported dropped by 3,849 to 34,471 positions during the month. Adjusted for seasonal factors, the jobless rate remained at 2.6% in October.