Banks and the automotive industry downsize, sometimes massively, their workforce.
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VS’is a paradox: It has been years and years since unemployment has been as low in developed countries. In Switzerland alone, it fell to 2.5% in December, according to the State Secretariat for Economic Affairs (4.5% according to the Organization for Economic Cooperation and Development, which applies harmonized criteria at the level international).
However, especially at European level, two business sectors are cutting jobs by the tens of thousands: banking and the automotive industry, both activities …
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