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Switzerland, unemployment rate remains stable:
The unemployment rate in Switzerland was maintained at 2.7% in July. Therefore, according to statements from the Ministry of the Economy published Thursday, before however the shock of American customs duties which raises fears of employment for employment.
The Swiss labor market made a tread in July. Nevertheless, The unemployment rate stagnated at 2.7%, as already in June and May, despite an increase in the number of unemployed.
During the month under review, the number of unemployed increased by 2,277 people (+1.8%) compared to the previous month to reach 129,154 people. Meanwhile, Over one year, unemployment increased by 21,438 people (+19.9%), according to figures published Thursday by the State Secretariat for the Economy (SECO).
The number of unemployed corrected for seasonal variations increased by 1.2% compared to the previous month, reaching 137,049 people. Meanwhile, The adjusted unemployment rate was maintained at 2.9% in July.
>> Read switzerland, unemployment rate remains stable also: Partial unemployment, a solution for Swiss companies after the increase in customs duties?
Young and senior affected – Switzerland, unemployment rate remains stable
Between June and July, the number of young unemployed people, aged 15 to 24, increased 7.4% to 11,496 people. Additionally, Meanwhile, Over a year, this corresponds to an increase of 16.1%. The number of unemployed aged 50 to 64 stabilized it over a month but has grown almost 20% over a year.
In all, 209,441 job seekers were recorded, 2573 people more than in June (+1.2%). Compared to the same month of the previous year, this number therefore increased by 30,302 people (+16.9%). The rate of job seekers maintained 4.4% in July 2025.
Reduction of the work schedule
According to SECO. partial unemployment remains an effective tool to absorb the consequences of American customs duties. Since July 1. it is also possible to register the “customs duties” as a reason during a request to reduce the switzerland, unemployment rate remains stable work schedule (RHT). This concerns 900 people currently.
For Jérôme Cosandey. chief of the work department in Seco, some cantons will probably more use this mechanism, given their economic structure. “The Lake Geneva Arc is much more oriented on export” as in Neuchâtel where “25% of jobs are in industry. and almost 30% in the Jura”, he explains in the 12:30 pm.
>> Listen to Jérôme Cosandey’s interview in 12:30 pm:
The maximum duration of compensation for partial unemployment has already been extended to 18 months until 2026. A parliamentary initiative even offers to extend it to 24 months.
The Seco sticks to its June scenario, with an unemployment rate at 2.9% for 2025. In a scenario with high surcharge, unemployment is switzerland, unemployment rate remains stable expected at 3.5% in 2026 and 3.2% with moderate surcharge.
Radio subject: Valentin Jordil
Web adaptation: Doe with ATS
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