Swiss Unadjusted Jobless Rate Rises In November

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Switzerland's unadjusted jobless rate rose to 4.2% in November from 4% recorded in October, the State Secretariat for Economic Affairs said Wednesday. That was in line with economists' expectations. At the same time, the seasonally adjusted jobless rate stood stable at 4.1%.

On an unadjusted basis, there were 163,950 unemployed people at the end of November, up 581,2 from October. Unemployment among youngsters rose 153 persons from October to 293,36. There were 226,116 jobseekers in November, an increase of 814,4 from the previous month. A total of 129,36 vacancies were reported in November, down 211 month-on-month.

Switzerland's unadjusted jobless rate rose to 4.2% in November from 4% recorded in October, the State Secretariat for Economic Affairs said Wednesday. That was in line with economists' expectations. At the same time, the seasonally adjusted jobless rate stood stable at 4.1%. (Market News Provided by RTTNews)