The percent of unemployed persons in the labor force. The labor force is the aggregate of employed and unemployed persons. The rate is released as both a seasonally adjusted and unadjusted figure. The seasonally adjusted number is a key indictor of Swiss labor market conditions, significant because of its timeliness and overall market impact.

High unemployment translates to lower average wages and reduced consumer spending. As consumer spending is the majority of total expenditure, rising unemployment often leads to slow economic growth. In addition, high or rising unemployment puts downward pressure on interest rates and leads to a depreciating Franc.

Relevance : Moderate market impact
Release schedule : 5:45 GMT; monthly, in the first week following the reporting month
Revisions schedule : Revisions only occur when seasonal adjustments are made
Source of report : State Secretariat for Economic Affairs
Web Address : http://www.seco-admin.ch/index.html?lang=en
Address of release: http://www.bfs.admin.ch/bfs/portal/en/index/themen/systemes_d_indicateurs/economic_and_financial/data.html
AKA : Workforce Jobs