Switzerland April unemployment rate 2.4% vs 2.4% expected
Latest data released by SECO - 8 May 2019
- Prior 2.5%
- Seasonally adjusted unemployment rate 2.4% vs 2.4% expected
- Prior 2.4%
The figures are in-line with expectations and the seasonally adjusted reading continues to hold at its lowest rate since 2002. Labour market conditions in the country remains tight but hasn't really translated to meaningful inflationary pressures, much to the SNB's dismay.