Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Switzerland
LMUNRRTTCHM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.17
Year-over-Year Change
11.26%
Date Range
1/1/1970 - 12/1/2023
Summary
This economic trend measures the total number of registered unemployed individuals in Switzerland. It provides valuable insights into the country's labor market conditions and is closely monitored by policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Switzerland data series tracks the monthly count of individuals registered as unemployed with the Swiss public employment service. This metric offers timely information on the state of the Swiss labor market and is used by economists and policymakers to assess employment trends.
Methodology
The data is collected through Switzerland's public employment service registration system.
Historical Context
This trend is widely used by the Swiss government and central bank to inform economic and labor market policies.
Key Facts
- Switzerland's registered unemployment rate was 2.2% in 2022.
- The trend reached a peak of 3.7% during the COVID-19 pandemic in 2020.
- Registered unemployment data is released monthly by the Swiss government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals registered as unemployed with the Swiss public employment service.
Q: Why is this trend relevant for users or analysts?
A: This data provides timely insights into the state of the Swiss labor market, which is critical information for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through Switzerland's public employment service registration system.
Q: How is this trend used in economic policy?
A: The Swiss government and central bank closely monitor this trend to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is released monthly with minimal delays, providing up-to-date information on the Swiss labor market.
Related Trends
Harmonized Index of Consumer Prices: Industrial Goods for Switzerland
IGOODSCHM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Switzerland
CHECP030000IXOBM
Central Bank Assets to GDP for Switzerland
DDDI06CHA156NWDB
Leading Indicators OECD: Component series: CS - Confidence indicator: Normalised for Switzerland
CHELOCOCINOSTSAM
Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Switzerland
LRUN55MACHA156N
National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Switzerland
CHEEXPORTQDSMEI
Citation
U.S. Federal Reserve, Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Switzerland (LMUNRRTTCHM156S), retrieved from FRED.