Swiss Jobless Rate Increases Again In October

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Switzerland's jobless rate stood at 4% in October, up from 3.9% in the prior month, a report released by the State Secretariat for Economic Affairs showed Friday. The rate matched economists expectations. Meanwhile, the seasonally adjusted rate remained stable at 4.1% in October.

The number of unemployed persons in October increased by 3,729 to 158,138. Compared to the same month of last year, unemployment rose 57,667. According to SECO, around 217,972 job seekers were registered, up 5,070 from the prior month.

Switzerland's jobless rate stood at 4% in October, up from 3.9% in the prior month, a report released by the State Secretariat for Economic Affairs showed Friday. (Market News Provided by RTTNews)