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

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June (07 hr(s), 16 min(s), 45 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates (07 hr(s), 40 min(s), 45 sec(s) ago)
(RTTNews) - While the Commerce Department released a closely watched report on Friday showing cons ...Full Story»

Brazil Jobless Rate Falls To 6.2% (07 hr(s), 44 min(s), 45 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending in May, figures fr ...Full Story»

Turkish Economic Confidence Steady At 96.7 (08 hr(s), 03 min(s), 45 sec(s) ago)
(RTTNews) - Turkey's economic sentiment remained stable in June after rising marginally in the ...Full Story»

Iceland Inflation Rises To 4.2% (08 hr(s), 36 min(s), 45 sec(s) ago)
(RTTNews) - Consumer price inflation in Iceland accelerated in June after easing in the previous m ...Full Story»

Eurozone Economic Sentiment Falls Unexpectedly (08 hr(s), 46 min(s), 45 sec(s) ago)
(RTTNews) - Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced ...Full Story»

Belgium Inflation Rises To 2.15% (09 hr(s), 02 min(s), 45 sec(s) ago)
(RTTNews) - Belgium's consumer price inflation rose for the first time in five months in June ...Full Story»

U.S. Consumer Prices Inch Up 0.1% In May, In Line With Estimates (09 hr(s), 07 min(s), 45 sec(s) ago)
(RTTNews) - The Commerce Department released a closely watched report on Friday showing consumer p ...Full Story»