Latest data released by Federal Statistics Office - 9 March 2020

  • Prior 2.6%
  • Seasonally adjusted unemployment rate 2.3% vs 2.3% expected
  • Prior 2.3%

The seasonally adjusted reading continues to keep steady at 2.3%, hinting at tight labour market conditions still. Unfortunately, this hasn't translated into any meaningful price pressures - to the dismay of the SNB over the years.