Swiss Unemployment Holds Steady at 2.8% Despite US Tariffs

September unemployment figures show resilience in Swiss job market despite economic pressures from US tariffs, with total unemployed reaching 133,233.

Key Takeaways

The Swiss unemployment rate remained steady at 2.8% in September 2025.
The total number of unemployed persons in Switzerland reached 133,233 in September.
Unemployment figures have risen by 17.7% compared to the same month in 2024.
US tariffs are cited as a contributing factor to the sluggish economic climate.
The number of job seekers in Switzerland totaled 213,750 in September.

By The Numbers

133,233

Total Unemployed

+17.7%

Year-on-Year Increase

38.7%

Benefit Exhaustion Rate Increase

213,750

Total Job Seekers

They Said

"The Swiss labour market is holding up well in a sluggish economic climate affected by United States tariffs."
— Swissinfo

"Compared with the same month in 2024, unemployment has risen by 19,988 people, an increase of 17.7%."
— SECO Data

Defying the Odds: Market Holds Firm

The Hidden Spike: Annual Figures Surge

Generational Strain: Youth and Seniors Hit Hard

The Wider Net: Job Seekers and Benefit Exhaustion

Trade Wars Cast Long Shadows

Sources & References

Swiss unemployment rate held steady at 2.8% in September

SWI swissinfo.ch