Financial News: Swiss Jobless Rate Stable At 2.8%

Swiss Jobless Rate Stable At 2.8%

06/05/2025 - 06:27:00 (RTTNews)

(RTTNews) - Switzerland's unemployment rate held steady in May after falling slightly in the previous month, the State Secretariat for Economic Affairs, or SECO, said on Thursday.

The unadjusted unemployment rate stood at 2.8 percent in May, the same as in April. That was in line with expectations.

In the corresponding month last year, the jobless rate was 2.3 percent.

The number of registered unemployed individuals decreased to 127,944 in May from 130,101 in the prior month.

The youth unemployment rate, which is applied to the 15-24 age group, edged down to 2.4 percent from 2.5 percent.

Data also showed that the seasonally adjusted jobless rate rose to 2.9 percent from 2.8 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Slovakia GDP Growth Eases As Estimated (05 hr(s), 26 min(s), 12 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story»

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply (06 hr(s), 11 min(s), 12 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story»

U.S. Job Growth Slightly Exceeds Estimates In May (06 hr(s), 58 min(s), 12 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (07 hr(s), 03 min(s), 12 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»

U.S. Employment Jumps Slightly More Than Expected In May (08 hr(s), 06 min(s), 12 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

France Industrial Output Falls 1.4% (08 hr(s), 13 min(s), 12 sec(s) ago)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story»

French Trade Gap Widens In April (09 hr(s), 17 min(s), 12 sec(s) ago)
(RTTNews) - France's trade deficit increased in April as exports fell faster than imports, dat ...Full Story»

Russia Central Bank Cuts Rate By 100 Bps (09 hr(s), 56 min(s), 12 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate unexpectedly by 100 basis points ...Full Story»