> Switzerland May unemployment rate 2.3% vs 2.3% expected

Switzerland May unemployment rate 2.3% vs 2.3% expected

Friday, 07/06/2019 | 05:45 GMT-0

Latest data released by SECO - 7 June 2019

Prior 2.4%
Seasonally adjusted unemployment rate 2.4% vs 2.4% expected
Prior 2.4%

Labour market conditions continue to hold tight as the seasonally adjusted rate continues to remain at its lowest since 2002. But once again, the SNB would've definitely hoped for this translating to sustainable inflationary pressures - which it hasn't.