Switzerland - Unemployment rate

3.0 (%) in 2021

In 2021, unemployment rate for Switzerland was 3 %. Though Switzerland unemployment rate fluctuated substantially in recent years, it tended to decrease through 2002 - 2021 period ending at 3 % in 2021.

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What is unemployment rate?

Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]

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What is Switzerland unemployment rate?