Unemployment

EU-Switzerland

New EU Rules on Cross-Border Unemployment Benefits Could Be Costly for Switzerland

Switzerland faces potentially significant financial repercussions as EU ambassadors back a plan to shift responsibility for unemployment benefits from a cross-border worker’s country of residence to the country of last employment.

Le News

Economy

Swiss Economic Paradox: Record Markets and Rising Unemployment

An analysis of Switzerland's conflicting economic indicators, where the Swiss SMI stock index has broken the 14,000-point barrier for the first time, yet the unemployment rate is rising faster than in most European Union countries.

SWI swissinfo.ch · +1 more

Economy

Switzerland's Economy Faces Rising Unemployment and Proposed VAT Hike

Switzerland faces a complex economic picture as its unemployment rate increases more than elsewhere in Europe, driven by its export dependency. Simultaneously, a political debate is underway regarding a proposed VAT increase to provide additional funding for the army.

SWI swissinfo.ch · +1 more

Economy

Switzerland's employment outlook is deteriorating as the national unemployment rate climbed to 3.1% in December. The trend is underscored by telecoms giant Sunrise planning to cut up to 190 jobs, or 7% of its workforce, to streamline its corporate structure.

SWI swissinfo.ch · +1 more