Switzerland unemployment rate for 2024 was 4.11%, a 0.07% increase from 2023.

<ul style='margin-top:20px;'>

<li>Switzerland unemployment rate for 2023 was <strong>4.04%</strong>, a <strong>0.08% decline</strong> from 2022.</li>
<li>Switzerland unemployment rate for 2022 was <strong>4.12%</strong>, a <strong>0.89% decline</strong> from 2021.</li>
<li>Switzerland unemployment rate for 2021 was <strong>5.01%</strong>, a <strong>0.2% increase</strong> from 2020.</li>
</ul>Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

The statistic shows the unemployment rate in Switzerland from 1999 to 2023. In 2023, Switzerland's unemployment rate amounted to around 4.04 percent. Switzerland's economy Due to a fairly prosperous and stable economy, Switzerland has essentially become the world’s investment safe haven over the past several decades and one of the globally leading economical leaders. Switzerland primarily thrives due to its services sector, which partially profits from large amounts of tourism, as well as from its manufacturing sector. Due to the country’s low population, Switzerland has simultaneously maintained a low unemployment rate. The majority of employed workers in the country possess a relatively high level of education and are specialized, which essentially allows for the country to offer high end jobs with higher wages, and often guarantees a higher level of productivity and efficiency. As a result, Swiss adults have on average the most amount of money compared to the average amount around the world, beating out countries such as the United States. Despite experiencing the early 2000s recession, 2008 global financial crisis as well as the Eurozone crisis, Switzerland has still sustained a high production of goods and services within the country, being ranked as one of the most efficient and productive countries in the world). Additionally, Swiss households are made up of one of the highest percentages of millionaires in the world, which is made possible by the country’s low tax rates.

Unemployment Rate in Switzerland remained unchanged at 2.80 percent in May. This dataset provides - Switzerland Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average unemployment rate in Switzerland in 2024 was at 2.4 percent, according to the national definition (SECO)*. This was an increase compared to the previous year when the unemployment rate was at 2 percent and the lowest rate within this specific timeframe.

Key information about Switzerland Unemployment Rate

• Switzerland Unemployment Rate increased to 4.44% in Dec 2024, from the previously reported figure of 4.29% in Nov 2024.
• Switzerland Unemployment Rate is updated monthly, available from Jan 1991 to Dec 2024, with an average rate of 4.13%.
• The data reached an all-time high of 5.91% in Feb 2021 and a record low of 1.53% in Jan 1991.
• The data is reported by reported by Swiss Federal Statistical Office.
• In the latest reports, Switzerland Population reached 8.96 million people in Dec 2023.

The youth unemployment rate in Switzerland saw no significant changes in 2024 in comparison to the previous year 2023 and remained at around 7.94 percent. However, 2024 marked the second consecutive increase of the youth unemployment rate. The youth unemployment rate refers to the share of the economically active population aged 15 to 24 currently without work but in search of employment. The youth unemployment rate does not include economically inactive persons such as the long-term unemployed or full-time students.Find more statistics on other topics about Switzerland with key insights such as labor participation rate among the total population aged between 15 and 64.

In 2023, the average unemployment rate for 25 to 49-year-olds was 2.5 percent. Among 15 to 24-year-olds, the unemployment rate was 2.2 percent. The unemployment rate represents the proportion of unemployed people in the total civilian labor force and is an indicator of the labor market and employment situation as well as part of the unemployment statistics.

Graph and download economic data for Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Switzerland (LMUNRRTTCHQ156N) from Q1 1955 to Q4 2023 about Switzerland, unemployment, and rate.

Unemployment with advanced education (% of total labor force with advanced education) in Switzerland was reported at 3.07 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Switzerland - Unemployment with advanced education (% of total unemployment) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Switzerland: Unemployment rate for males: The latest value from 2023 is 3.87 percent, a decline from 4.06 percent in 2022. In comparison, the world average is 6.42 percent, based on data from 178 countries. Historically, the average for Switzerland from 1991 to 2023 is 3.6 percent. The minimum value, 1.2 percent, was reached in 1991 while the maximum of 4.91 percent was recorded in 2021.

Key information about Switzerland Labour Force Participation Rate

• Switzerland Labour Force Participation Rate increased to 67.8 % in Dec 2024, compared with 67.6 % in the previous quarter.
• Switzerland Labour Force Participation Rate is updated quarterly, available from Mar 2010 to Dec 2024, with an average rate of 67.8 % .
• The data reached the an all-time high of 68.8 % in Dec 2016 and a record low of 66.7 % in Jun 2022.
• Switzerland Labour Force Participation Rate is reported by reported by Swiss Federal Statistical Office.
• In the latest reports, Switzerland Population reached 9.0 million people in Dec 2023.
• Unemployment Rate of Switzerland increased to 4.4 % in Dec 2024.
• The country's Monthly Earnings stood at 6,641.5 USD in Dec 2023.

In 2024, the average unemployment rate in Switzerland was 2.6 percent for men and 2.3 percent for women. This was an increase for both men and women compared to the previous year.

Unemployment, total (% of total labor force) (modeled ILO estimate) in Switzerland was reported at 4.11 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Switzerland - Unemployment, total - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In 2024, the average unemployment rate for Swiss nationals was 1.6 percent. For foreigners, the unemployment rate was more than double at around 4.6 percent. However, both the unemployment rate for Swiss nationals and foreigners have increased compared to the previous year.

Unemployment with intermediate education (% of total labor force with intermediate education) in Switzerland was reported at 3.75 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Switzerland - Unemployment with intermediate education (% of total unemployment) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Key information about Switzerland Labour Productivity Growth

• Switzerland Labour Productivity dropped by 0.89 % YoY in Dec 2024, compared with a growth of 1.40 % in the previous quarter
• Switzerland Labour Productivity Growth data is updated quarterly, available from Mar 2011 to Dec 2024, averaging at 0.38 %
• The data reached an all-time high of 9.89 % in Jun 2021 and a record low of -5.28 % in Jun 2020

CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. State Secretariat for Economic Affairs provides Real GDP in local currency, at chain linked 2015 prices. Swiss Federal Statistical Office provides Employment.


Further information about Switzerland Labour Productivity Growth

• In the latest reports, Switzerland Population reached 8.96 Person mn in Dec 2023
• Its Unemployment Rate increased to 4.44 % in Dec 2024
• Monthly Earnings of Switzerland stood at 6,641.50 USD in Dec 2023
• The country's Labour Force Participation Rate increased to 67.83 % in Dec 2024

Unemployment, female (% of female labor force) (national estimate) in Switzerland was reported at 4.283 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Switzerland - Unemployment, female (national estimate) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Switzerland population

• The Switzerland population reached 9.0 million people in Dec 2023, compared with the previously reported figure of 8.8 million people in Dec 2022
• The data reached an all-time high of 9.0 million people in Dec 2023 and a record low of 4.7 million people in Dec 1950

Further information about Switzerland population data

• In the latest reports, Switzerland Unemployment Rate dropped to 4.3 % in Mar 2024
• Monthly earnings of the Switzerland population was 6,641.5 USD in Dec 2023
• Switzerland Labour Force Participation Rate dropped to 67.3 % in Mar 2024

In 2023, those who were long-term unemployed accounted for around 10.5 percent of all unemployed people in Switzerland. This was a significant decrease compared to the previous year at 14.6 percent. People who have been registered as unemployed for more than one year are considered long-term unemployed.

Unemployment, male (% of male labor force) (national estimate) in Switzerland was reported at 3.832 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Switzerland - Unemployment, male (national estimate) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.