Labor market Services continue to add jobs and industry continues to cut jobs

SDA

24.11.2025 - 09:05

The situation on the industrial labor market remains tense. Employment in this sector continued to fall in Switzerland in the third quarter. Things are looking better in the services sector.(symbolic image)
The situation on the industrial labor market remains tense. Employment in this sector continued to fall in Switzerland in the third quarter. Things are looking better in the services sector.(symbolic image)
Keystone

Employment in Switzerland continued to rise slightly in the third quarter of 2025. The increase was once again driven by the services sector, while jobs were once again cut in industry.

Keystone-SDA

This is according to the latest statistics published by the Federal Statistical Office (FSO) on Monday. Between July and September, 10,400 new jobs were created in the services sector. This is an increase of 0.2 percent compared to the same period last year.

Meanwhile, 7600 jobs were lost in industry, a fall of 0.7 percent, according to the FSO's employment barometer. This continues the trend of the previous quarter.

Overall, the number of people in employment grew by 0.1% to 5.532 million compared to the previous quarter, a seasonally adjusted decrease of 0.1%. This means that the number of jobs in the second sector fell by 2,100 (-0.2%) within a quarter, while the third sector remained at the previous quarter's level.

The trend of the previous quarter also continued with regard to the number of job vacancies: Companies reported 10.5% fewer vacancies in the third quarter. At 88,400, vacancies were 10,300 below the previous year's figure. At the same time, companies found it less difficult to find qualified workers. Only 36.3 percent of companies reported problems, 1.7 points less than a year ago.

Short-term employment prospects, on the other hand, have deteriorated further. The proportion of companies planning to increase staff fell to 9.8% (previous year: 11%), while 5.4% were considering a reduction (previous year: 5.1%).

The indicator for employment prospects therefore fell by 0.9%, but remained in positive territory with a value of 1.02.