Latest data released by the Federal Statistics Office - 8 October 2020

  • Prior 3.3%
  • Seasonally adjusted unemployment rate 3.3% vs 3.4% expected
  • Prior 3.4%

The Swiss jobless rate unexpectedly declined last month but as mentioned before, it is tough to read much into the data above considering that the furlough program is still largely masking the true impact to the labour market in general.