Bern, Switzerland (GenevaLunch) – Swiss unemployment rose 0.1 percent in October to reach 4 percent, the highest level since 2005, says the State Secretariat for Economic Affairs (Seco), 6 November. Compared to last October, the number of unemployed people has increased 57 percent and reached 158,138, Seco says.

The numbers of people working reduced hours jumped in October: 46,936 people are partially employed in 3,118 firms across the country. This is 14.1 and 14 percent more, respectively, than last month, Seco says.

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