Swiss employment rate rises in first quarter of 2024

The number of people with jobs in the country rose by 1.4% year-on-year to reach 5.3 million in the first quarter of 2024. The number of employed women (+2%) increased more strongly than the number of employed men (+0.9%) compared to the same quarter in 2023, according figures published by the Federal Statistical Office (FSO) on Thursday. The overall increase in full-time working positions was 1.3%: for men the rise was 0.2%, for women 2%. Seasonally adjusted and compared to the fourth quarter of 2023, the increase was 0.3% and 0.4% respectively. + Read more: Swiss jobless rate hits record low The number of Swiss workers increased by 0.4% year-on-year. In contrast, the increase in foreign workers was significantly higher at 3.4%. This trend was particularly strong among short-term residents (+7%), those with a residence permit (+6.3%) and cross-border commuters (+4%). The increase for people with a permanent residence permit, meanwhile, was 1%. Switzerland’s unemployment rate was ...