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08.04.202607:08:08UTC+00Switzerland Jobless Rate Ticks Down to 3.1%

Switzerland’s non-seasonally adjusted unemployment rate inched down to 3.1% in March 2026 from 3.2% in each of the previous two months, which had marked the highest level since April 2021. The latest figure came in slightly below market expectations of 3.2%. The number of unemployed persons declined by 4.8 thousand from the previous month to a four-month low of 146.3 thousand. The youth unemployment rate, covering job seekers aged 15 to 24, fell to 2.9% in March from 3.1% in February, its lowest level since July 2025, as the number of unemployed youth decreased by 0.9 thousand to 12.6 thousand. At the same time, reported job vacancies rose by 0.7 thousand to 48.8 thousand. On a seasonally adjusted basis, the unemployment rate held steady at 3.0% in March.

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