
The number of paid employees working at least six hours each week. The headline number for the employment level, which is officially known as "workforce jobs," appears as both the total number of employees and as a year on year percentage change in that figure. The Swiss employment level is important serving as the headline figure for job growth or decline. Higher job growth accompanies economic expansion and could spark inflationary pressures.
Swiss unemployment has historically been very low, averaging half that of the EU. Whereas most countries consider an unemployment rate of 4% very low, Switzerland is accustomed to rates below 4%.
Relevance :
Rarely affects markets
Release schedule : 7:15 (GMT); quarterly, about two months after the reporting quarter
Revisions schedule : Little or no revisions
Source of report : Swiss Federal Statistical Office
Web Address : http://www.bfs.admin.ch/bfs/portal/en/index.html
Address of release : http://www.bfs.admin.ch/bfs/portal/en/index/themen/systemes_d_indicateurs/economic_and_financial/data.html
AKA : Workforce Jobs
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