33753
Swiss Jobless Rate Rises
World Economy

Swiss Jobless Rate Rises

Swiss unemployment jumped to 3.7% in December from 3.4% in the previous month, according to figures issued from Bern on Friday that suggest the Swiss economy is continuing to weaken in the face of a strong franc, NewsNow reported. The jobless rate rose for a third consecutive month to hit the highest level in more than five years, the monthly report from the state secretariat for economic affairs showed. The rate was well above the 3.4% recorded in December 2014 and marked the highest level since April 2010. The unemployment rate of foreigners climbed to 7.3% from 6.7% in November, while the level for Swiss citizens increased to 2.5 from 2.4%, Seco said. The overall number of people registered as unemployed at regional job centers in December totaled 220,209, 8% more than in the same month a year earlier. The average jobless rate for 2015 was 3.3%, up slightly from 3.2% in 2014.

 

Short URL : http://goo.gl/k098O2
  1. http://goo.gl/hBgG4R
  • http://goo.gl/uYqWwh
  • http://goo.gl/olHWoi
  • http://goo.gl/BpZtMa
  • http://goo.gl/sXn1NR

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...

Trending

Googleplus