Financial News: Swiss Jobless Rate Falls To 2.1%

Swiss Jobless Rate Falls To 2.1%

03/07/2023 - 09:32:00 (RTTNews)

(RTTNews) - Switzerland's unemployment rate decreased for the first time in four months in February, though marginally, the State Secretariat for Economic Affairs, or SECO, said on Tuesday.

The unadjusted unemployment rate edged down to 2.1 percent in February from 2.2 percent in January.

In the corresponding month last year, the jobless rate was 2.6 percent.

The number of registered unemployed persons decreased to 98,452 in February from 100,776 in the prior month.

The youth unemployment rate, which is applied to the 15-24 age group, remained unchanged at 2.0 percent.

Data also showed that the seasonally adjusted jobless rate came in at 1.9 percent in February, the same as in the prior month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Germany Producer Price Inflation Eases To 15.8%, Lowest Since Sep 2021 (01 hr(s), 03 min(s), 37 sec(s) ago)
(RTTNews) - Germany's producer price inflation eased for the fifth straight month in February ...Full Story»

Malaysia Trade Surplus Shrinks To MYR 19.56 Bln (02 hr(s), 30 min(s), 37 sec(s) ago)
(RTTNews) - Malaysia's trade surplus decreased slightly in February, as imports grew faster th ...Full Story»

European Economic News Preview: Eurozone Foreign Trade Data Due (03 hr(s), 10 min(s), 37 sec(s) ago)
(RTTNews) - Foreign trade from the euro area and producer prices from Germany are the top economic ...Full Story»

China Retains Benchmark Lending Rates As Expected (03 hr(s), 29 min(s), 37 sec(s) ago)
(RTTNews) - China retained its benchmark lending rates for the seventh straight month on Monday af ...Full Story»

China Loan Prime Rate Due On Monday (44 min(s), 23 sec(s) ago)
(RTTNews) - The People's Bank of China will announce its latest loan prime rate numbers, highl ...Full Story»

U.S. Consumer Sentiment Unexpectedly Drops In March, Inflation Expectations Dip (25 min(s), 23 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. fell for the first time in four months in March, accord ...Full Story»

Russia Central Bank Keeps Key Rate Unchanged At 7.50% (19 min(s), 23 sec(s) ago)
(RTTNews) - Russia's central bank decided to keep its key interest rate unchanged for the four ...Full Story»

U.S. Leading Economic Index Falls For Eleventh Straight Month In February (11 min(s), 23 sec(s) ago)
(RTTNews) - The Conference Board released a report on Friday showing its reading on leading U.S. e ...Full Story»