GenevaLunch » unemployment

Unemployment creeping up, but still well below 2011 level

Ellen Wallace — Wed, 08 Feb 2012 10:05:24 +0000

GenevaLunch.com BERN, SWITZERLAND – Swiss unemployment rose from 3.3 to 3.4 percent in January 2012, but there were still 9.7 percent fewer people out of work than in January 2011, figures published Wednesday 8 February show. Young people accounted for a large part of the increase, with a one-month increase of 3 percent for the 15- [...]

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Swiss economy: Nov. inflation down, retails sales up, unemployment higher

Ellen Wallace — Mon, 09 Jan 2012 11:18:42 +0000

GenevaLunch.com NEUCHATEL, SWITZERLAND – Swiss prices fell at an annual rate of 0.7 percent in 2011, show figures published Monday 9 January by the Swiss Statistical Office. The November inflation rate was -0.5 percent. Full-year consumer price index figures will be available in a month. Retails sales figures for November 2011 were also published Monday and [...]

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Swiss job market in November reflects weaker economy

Ellen Wallace — Wed, 07 Dec 2011 11:12:50 +0000

GenevaLunch.com BERN, SWITZERLAND – Swiss unemployment rose to 3.1 percent in November from 2.9 in October, and the number of vacant jobs fell by 1,355 for a total of 17,395. Partial unemployment, a solution used by Swiss companies when business slows perceptibly, is on the increase. The number of unemployed persons is nevertheless down by 14.5 [...]

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Spain takes a sharp right turn

Ellen Wallace — Mon, 21 Nov 2011 10:09:41 +0000

GenevaLunch.com GENEVA, SWITZERLAND – The impact of Europe’s economic woes hit home in Spain Sunday, with the right winning strongly in the country’s general election. Mariano Rajoy conservative People’s party won with a 16-percent lead over outgoing Prime Minister Zapatero’s Socialists, who lost one-third of their seats. Spain’s unemployment stands at 23 percent and the economy, [...]

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Swiss unemployment inches up

Ellen Wallace — Mon, 07 Nov 2011 10:00:10 +0000

GenevaLunch.com BERN, SWITZERLAND – Consumer prices fell slightly, 0.1 percent, in October, Swiss federal figures published 7 November show, but the bad news is that unemployment, which has held steady despite the economic crises in surrounding countries, is climbing. Swiss unemployment rose from 2.8 percent in September to 2.9 percent in October. Partial unemployment, for which [...]

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Swiss unemployment holds steady at 2.8%

Ellen Wallace — Fri, 07 Oct 2011 07:48:05 +0000

GenevaLunch.com NEUCHATEL, SWITZERLAND – Swiss unemployment was steady at 2.8 percent in September, unchanged from August. The number of people out of work was 20.5 percent lower than in September 2010, with 111,344 persons on the jobless rolls.

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Swiss unemployment down to 3.6%

Ellen Wallace — Fri, 30 Sep 2011 07:50:39 +0000

GenevaLunch.com NEUCHATEL, SWITZERLAND – Swiss unemployment for the second quarter of 2011 fell to 3.6 percent from 4.2 percent in Q2 2010, using the ILO (International Labour Organization) definition, the Swiss government said 29 September. The number of employed persons rose by 2.6 during the same period. The figures compare to the EU’s unemployment rate, which [...]

Swiss unemployment stable at 2.8%

Ellen Wallace — Thu, 08 Sep 2011 07:16:54 +0000

GenevaLunch.com NEUCHATEL, SWITZERLAND – Siwss unemployment figures for August show no change in the rate, at 2.8 percent. The 2,487 additional people out of work correspond roughly to the number of new young people (ages 15-24) out of work, a seasonal factor as recent graduates come onto the job market. The overall jobless rate is down [...]

Swiss economy: UBS lowers growth forecast, Richemond soars, CFF cuts back

Ellen Wallace — Wed, 07 Sep 2011 11:43:33 +0000

GenevaLunch.com Swiss trains improve punctuality: 91.5% on time GENEVA, SWITZERLAND – Switzerland’s economic picture Wednesday 7 September is mixed, with UBS lowering its 2012 GDP (gross domestic product) growth forecast to 1.3 percent, while luxury goods company Richemond presents first-half 2011 figures showing a XX percent jump in profits and the CFF rail company saying it [...]

Swiss economy: UBS lowers growth forecast, Richemond soars, CFF cuts back © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss consumers glum on jobs, economy

Ellen Wallace — Tue, 09 Aug 2011 08:06:26 +0000

GenevaLunch.com BERN, SWITZERLAND – The high franc and world economic news are taking their toll on Swiss consumers’ sentiment, an official quarterly Swiss survey shows: “the confidence index declined to -17 in July (after -1 in April),” reports Bern. “In particular expectations for future economic development and future unemployment levels were far more negative than in [...]

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