Swiss Labour Force Survey in 1st quarter 2020: labour supply Decrease in hours worked during the last 2 weeks of the 1st quarter due to COVID-19
4th quarter 2020: number of employed persons stable; unemployment rate based on ILO definition rises to 4.9%
14.05.2020 - The number of employed persons in Switzerland rose by 1.1% between the 1st quarter 2019 and the 1st quarter 2020. During the same period, the unemployment rate as defined by the International Labour Organisation (ILO) declined from 4.9% to 4.5%. These indicators reflect the averages for the quarter and are thus only marginally affected by the COVID-19 crisis. Initial estimates, however, indicate a decline in the hours worked during the last 2 weeks of the quarter. These are some of the results of the Swiss Labour Force Survey (SLFS).
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