We have to go back to 1993 in Switzerland to see a greater drop in the number of employed persons than that recorded in the second quarter of 2020.
The unemployment rate according to the criteria of the International Labor Office (ILO) increased from 4.2% to 4.6% in the period under review, according to the latest figures published by the Federal Statistical Office (OFS ) Thursday (archives).
KEYSTONE/JEAN-CHRISTOPHE BOTT
The number of employed people fell by 1.6% between the second quarter of 2019 and the second quarter of 2020, the largest drop since 1993.
In terms of full-time equivalents (FTE), the one-year contraction corresponds to 1.2% (-0.4% for men and -2.4% for women).
After adjusting for seasonal variations, the number of active workers and that of FTEs fell by 2.5% and 2.2% respectively in the period under review.
Foreigners penalized more
The number of employed Swiss nationals fell by 2.4%, while the number of employed foreign nationals increased slightly by 0.2%.
In the second quarter of 2020, Switzerland deplored 223,000 people unemployed according to ILO standards, 17,000 more than a year earlier.
By way of comparison, the unemployment rate rose from 6.6% to 6.9% over the same period in the euro zone.
In September the FSO will publish more detailed analyzes on the evolution of the labor market under the effect of the pandemic.
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