
September 2020 Unemployment News and Company Job Cuts Switzerland
According to surveys conducted by the State Secretariat for Economic Affairs (SECO): 148,560 unemployed people were registered with the regional employment centers (RAV) at the end of September 2020. This was a reduction of 2,551 than in August. The unemployment rate reduced by by 0.1% from 3.3% in August 2020 to 3.2% for September. Compared to the same month last year ( September 2019), unemployment has increased by 49,462 (+49.9%). Unemployment figures for September 2020 for those aged 50 to 64 in Switzerland The number of registered unemployed 50-64 year old people increased by 41 (+0.1%) to 39,876, an increase of 12,455 people (+45.4%) when September 2020 is compared to September 2019. Job seekers in September 2020 There are a total of 238,145 registered job seekers, an increase of 930 when compared to August 2020. The year on year comparison means there has been an increase of 66,722 people (+38.9%). Notified job vacancies in September 2020 As of July 1, 2018, the job registration requirement for professions with an unemployment rate of at least 8% was introduced throughout Switzerland. Thus was reduced to 5% as of January 1, 2020. The number of job vacancies registered with the REOs fell by