There’s a belief that statistics on unemployment rates in Switzerland are dishonest. However, as far as I can tell based on my research, Switzerland is using the same definition of unemployment as other developed countries, so the numbers are actually fair. That being said, the employment rate, which is not the inverse of the unemployment rate, is an equally important statistic. At the end of 2024, the unemployment rate was only 2.4%. The employment rate for working age people was 80.4%. This just means that most jobless people are not on ALV. Compared to the unemployment rate of 2.4%, 80.4% might sound bad, but it’s actually the 3rd best in Europe. In the US the employment rate is only 59.2%. submitted by /u/momentumisconserved
Originally posted by u/momentumisconserved on r/Switzerland