Employment barometer in the 1st quarter 2020 0.1% decline in employment in Q1 2020 and pessimistic business forecasts due to COVID-19
26.05.2020 - In 1st quarter 2020, total employment (number of jobs) fell by 0.1% in comparison with the previous quarter (seasonally adjusted figures). Compared with the same quarter of the previous year, it increased by +0.6%. In full-time equivalents, employment in the same period rose by 0.3%. The Swiss economy counted 10 000 fewer vacancies than in the corresponding quarter of the previous year (–12.9%) with the employment outlook indicator indicating a downward trend (–3.7%). These are some of the latest findings from the Federal Statistical Office (FSO).
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