Switzerland: Unemployment rate from 2007 to 2017

Unemployment rate in Switzerland 2017 The statistic shows the unemployment rate in Switzerland from 2007 to 2017. In 2017, Switzerland's unemployment rate amounted to around 4.79 percent.
Switzerland's economy

Due to a fairly prosperous and stable economy, Switzerland has essentially become the world’s investment safe haven over the past several decades and one of the globally leading economical leaders. Switzerland primarily thrives due to its services sector, which partially profits from large amounts of tourism, as well as from its manufacturing sector. Due to the country’s low population, Switzerland has simultaneously maintained a low unemployment rate. The majority of employed workers in the country possess a relatively high level of education and are specialized, which essentially allows for the country to offer high end jobs with higher wages, and often guarantees a higher level of productivity and efficiency. As a result, Swiss adults have on average the most amount of money compared to the average amount around the world, beating out countries such as the United States.

Despite experiencing the early 2000s recession, 2008 global financial crisis as well as the Eurozone crisis, Switzerland has still sustained a high production of goods and services within the country, being ranked as one of the most efficient and productive countries in the world). Additionally, Swiss households are made up of one of the highest percentages of millionaires in the world, which is made possible by the country’s low tax rates.
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Unemployment rate
2007 3.65%
2008 3.35%
2009 4.12%
2010 4.81%
2011 4.41%
2012 4.48%
2013 4.75%
2014 4.83%
2015 4.8%
2016 4.92%
20174.79%
Unemployment rate
2007 3.65%
2008 3.35%
2009 4.12%
2010 4.81%
2011 4.41%
2012 4.48%
2013 4.75%
2014 4.83%
2015 4.8%
2016 4.92%
20174.79%
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Description Source More information
The statistic shows the unemployment rate in Switzerland from 2007 to 2017. In 2017, Switzerland's unemployment rate amounted to around 4.79 percent.
Switzerland's economy

Due to a fairly prosperous and stable economy, Switzerland has essentially become the world’s investment safe haven over the past several decades and one of the globally leading economical leaders. Switzerland primarily thrives due to its services sector, which partially profits from large amounts of tourism, as well as from its manufacturing sector. Due to the country’s low population, Switzerland has simultaneously maintained a low unemployment rate. The majority of employed workers in the country possess a relatively high level of education and are specialized, which essentially allows for the country to offer high end jobs with higher wages, and often guarantees a higher level of productivity and efficiency. As a result, Swiss adults have on average the most amount of money compared to the average amount around the world, beating out countries such as the United States.

Despite experiencing the early 2000s recession, 2008 global financial crisis as well as the Eurozone crisis, Switzerland has still sustained a high production of goods and services within the country, being ranked as one of the most efficient and productive countries in the world). Additionally, Swiss households are made up of one of the highest percentages of millionaires in the world, which is made possible by the country’s low tax rates.
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Release date
July 2018
Region
Switzerland
Survey time period
2007 to 2017
Supplementary notes
Figures have been rounded.

All figures are modeled ILO estimates.

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