Latest data released by the Federal Statistics Office - 10 January 2020
- Prior 2.3%
- Seasonally adjusted unemployment rate 2.3% vs 2.3% expected
- Prior 2.3%
The headline reading sees an uptick higher but I wouldn't read too much into that. The seasonally adjusted reading continues to keep steady at 2.3% and that reaffirms the tight labour market conditions in the Swiss economy - despite economic worries.