There were fewer job vacancies in the third quarter in Swiss firms.
Keystone-SDA
The total volume of employment in Switzerland remained stable in the third quarter, edging up by 0.1% year-on-year. By contrast, the number of vacancies advertised by companies fell by one-tenth, the Federal Statistical Office (FSO) reported on Monday.
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Federal experts counted a total of 5.53 million private salaried jobs (excluding agriculture) over the period, 2,800 more than a year earlier. Calculated in full-time equivalents, the volume of employment fell by 3,000 jobs to 4.32 million.
Women continue to be over-represented in part-time work, accounting for over two-thirds, with 2.28 million people affected.
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Swiss unemployment rate rises to 2.9% in October
Between July and the end of September, companies announced 88,4000 vacancies, 10,300 fewer than over the same period last year. At the same time, there was a slight improvement in the recruitment of qualified staff, with the dissatisfaction rate easing by 1.7 percentage points to 36.3%.
Companies planning to add to their workforces accounted for almost 10% of total employment, compared with 11% a year earlier, while those planning cuts accounted for 5.4% (5.1%). The Employment Outlook indicator remains positive, however, with a value of 1.02 points.
Adapted from German by DeepL/sb
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