Graduate unemployment rises sharply in Switzerland

The unemployment rate for university master’s graduates reached 6.4% in 2025, one year after they completed their studies. That was up from 3.9% in 2023, according to figures released by Switzerland’s Federal Statistical Office on August 27, 2026.

The increase marks a significant change in the early careers of highly educated workers. A university degree has traditionally helped young people enter Switzerland’s labour market, yet the latest figures show that protection weakening for some groups. The data cover graduates one year after graduation, a period when many are moving from study into their first sustained employment.

The pressure also reached graduates of universities of applied sciences. Their unemployment rate rose from 3.4% in 2023 to 4.9% in 2025 one year after graduation. The figures do not describe every graduate’s experience, and they distinguish between different types of higher education. They do show a broad deterioration among two large groups entering the workforce.

The FSO’s figures arrive as Switzerland’s economy absorbs weaker demand in parts of the labour market. For graduates, the first job search is becoming a more important test of how quickly education translates into employment.

Master’s graduates in economics and technical sciences saw unemployment almost double between 2023 and 2025, the Federal Statistical Office said. The increase reached fields that had previously been largely unaffected by unemployment among new graduates.

The figures point to a shift in the conditions facing young professionals across parts of the Swiss economy. Economics and technical sciences have long been closely linked to sectors that recruit highly trained workers, including finance, manufacturing, engineering and technology. The source does not identify the precise causes behind the field-level changes, but it records a clear deterioration in the first year after graduation.

The national data also caution against treating higher education as a single category. University master’s graduates recorded the highest 2025 rate among the groups cited, at 6.4%. Graduates with bachelor’s degrees from universities of applied sciences reached 4.9%. Meanwhile, teacher training college graduates remained at 0.7%, unchanged at a low level.

These differences reflect the varied routes into employment in Switzerland. Demand, recruitment cycles and the structure of individual professions can shape how quickly graduates find work. The latest results show that the labour-market advantage associated with a degree depends increasingly on the field and institution.

A lack of professional experience was one of the main obstacles graduates reported when searching for suitable work. The Federal Statistical Office also cited the economic situation as a key reason why more graduates struggled to find jobs that met their expectations.

The distinction matters. The figures measure unemployment, while the FSO’s accompanying findings also describe the quality and fit of the jobs graduates are seeking. A person may find work quickly but still face difficulty locating a position aligned with their training, expectations or longer-term career plans.

For young workers, limited experience can create a difficult entry point. Employers may seek candidates who can contribute immediately, while graduates are trying to secure the first role that gives them that experience. The source does not quantify how many graduates accepted jobs outside their field or how long individual searches lasted, so the available figures cannot establish the scale of underemployment.

They do establish that the transition from university to work became less straightforward between 2023 and 2025. For graduates and employers, internships, trainee positions and early-career recruitment may carry greater weight as competition for suitable roles increases. The FSO’s findings place that transition within the wider economic conditions facing Switzerland.

Teacher training college graduates held steady at 0.7% unemployment, while the rates for university master’s and applied sciences bachelor’s graduates climbed. That gap gives Switzerland’s education and employment debate a concrete point of reference: higher education does not lead to one uniform labour-market outcome.

The latest figures do not suggest that university study has lost its value. They show that its immediate protective effect has weakened for some graduates during the period measured. A master’s degree still represents advanced training, but it does not guarantee a rapid transition into a suitable position when economic conditions deteriorate or employers demand prior experience.

Universities, universities of applied sciences, employers and policymakers now have a clear indicator to monitor: the first year after graduation. Tracking outcomes by field and institution can help identify where new graduates face the greatest delays. Better links between study programmes and early-career placements could also give students more direct access to workplace experience, although the source does not assess specific policy proposals.

For Switzerland’s young workforce, the 2025 figures make the entry point harder than it was two years earlier. The next data releases will show whether the rise was temporary or part of a longer change in the graduate labour market.