Swiss Jobless Rate Declines In April

Switzerland's jobless rate decreased in April, data from the State Secretariat for Economic Affairs showed on Friday.

The jobless rate fell a seasonally to 3.1 percent in April from 3.3 percent in March. Economists had expected a rate of 3.3 percent.

On an unadjusted basis, the unemployment rate fell to 3.3 percent in April from 3.4 percent in the previous month. This was in line with economists' expectation.

The number of registered unemployed declined to 151,279 in April from 157,968 in the preceding month.

The unemployment rate among the youth aged between 15 and 24, decreased to 2.7 percent in April from 3.0 percent in the prior month.

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