Swiss Jobless Rate Rises In September

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Switzerland's jobless rate in September rose to 3.9% from August's 3.8%, the State Secretariat for Economic Affairs reported Wednesday. The rate matched economists' expectations.

The number of unemployed people totaled 154,409 at the end of September, up 3,578 from the previous month. Compared to the corresponding period of last year, unemployment increased 58,429.

Meanwhile, the seasonally adjusted jobless rate was 4.1% in September, in line with expectations. In August, the unemployment rate was 4%.

Switzerland's jobless rate in September rose to 3.9% from August's 3.8%, the State Secretariat for Economic Affairs reported Wednesday. (Market News Provided by RTTNews)