Switzerland Unemployment Rate s.a.
Currency: Swiss Franc
Previous value: 3.6%
Market reaction - market price changing right after the data has been published. Follow past market changes by choosing tiker and event date.
The Unemployment Rate released by the State Secretariat for Economic Affairs (SECO) is the number of unemployed workers divided by the total civilian labor force. If the rate is up, it indicates a lack of expansion within the Swiss lobar market. As a result, a rise leads to weaken the Swiss economy. A decrease of the figure is seen as positive (or bullish) for the CHF, while an increase is seen as negative (or bearish).
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