Switzerland's unemployment rate held steady in May after falling slightly in the previous month, the State Secretariat for Economic Affairs, or SECO, said on Thursday.
The unadjusted unemployment rate stood at 2.8 percent in May, the same as in April. That was in line with expectations.
In the corresponding month last year, the jobless rate was 2.3 percent.
The number of registered unemployed individuals decreased to 127,944 in May from 130,101 in the prior month.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.