Labor market Unemployment rate rises to 2.9 percent in October
The number of unemployed people in Switzerland continued to rise in October. As a result, the unemployment rate rose from 2.8 percent to 2.9 percent. Adjusted for seasonal factors, it remained at 3.0 percent.
06.11.2025, 09:28
SDA
At the end of October, a total of 135,212 people were registered as unemployed in the regional employment centers (RAV), as reported by the State Secretariat for Economic Affairs (Seco) on Thursday. This was 1979 people more than in September.
According to Seco, a large part of this increase is due to seasonal effects. Seasonally adjusted, the number of unemployed only increased by 653.
More jobseekers
The number of jobseekers also increased. It rose by 5946 to 219,696 people. As a result, the jobseeker rate rose from 4.5 percent to 4.7 percent.
On the other hand, the number of vacancies registered with the RAV fell. This fell by a whopping 6.4 percent to 34,995.
Seco publishes data on short-time work with a time lag: at the end of July, 7981 people were affected by short-time work in Switzerland. This was 27.7 percent fewer than in June. The number of affected company departments fell by almost 32 percent to 482.
