(11.09.2024) The labor market has significantly strengthened since COVID. According to the Federal Statistical Office (FSO), the number of employed individuals rose by 5% between the fourth quarter of 2018 and the same period in 2023.
(04.09.2024) Swiss employees are starting to adapt to the new demands of the job market. Over three-quarters (79%) of them express a willingness to acquire new skills, especially in the field of artificial intelligence (AI), according to PwC's 2024 survey on hopes and fears.
(28.08.2024) The ongoing labor shortage continues to concern businesses. Despite a tighter job market and rising unemployment rates, over half of SMEs (51%) are struggling with recruitment challenges, according to a study released by the insurer Axa.
(21.08.2024) The economic situation is stabilizing above average but remained sluggish in July. The KOF Swiss Economic Institute’s barometer at ETH Zurich dropped by 1.7 points to 101.0 (down from 102.7 in June), indicating moderate growth in the months ahead.
(14.08.2024) The labor market has been showing signs of fatigue since the beginning of 2024. In the second quarter, the number of job vacancies nationwide dropped by 11% year-on-year, according to the Swiss Job Market Index conducted by the Adecco Group and the University of Zurich.
(07.08.2024) The number of insolvency proceedings in Switzerland continues to rise. According to the consulting firm Dun & Bradstreet, 3,006 companies shut down in the first half of 2024. This marks a 7% increase compared to the same period last year.
(31.07.2024) Working with "flexible" hours is a common practice in Switzerland. In 2023, nearly half (47.7%) of employees benefited from such a schedule, according to the Swiss Labour Force Survey (SLFS) published by the Federal Statistical Office (FSO).
(24.07.2024) Swiss manufacturing companies remain cautious about adopting artificial intelligence (AI). A study by ETH Zurich in collaboration with Swissmem, involving 208 companies, reveals that only 28% have developed a specific AI strategy.
(17.07.2024) Exporting SMEs are feeling optimistic again. The Switzerland Global Enterprise export expectations barometer climbed to 62.8 points in the second half of 2024, an increase of 11.2 points from the previous semester.
(10.07.2024) The outlook for the Swiss economy is looking up. In June 2024, the Swiss Economic Institute (KOF) at ETH Zurich’s Economic Barometer rose to 102.7 points, marking an increase of 0.5 points from the previous month, and remains above the long-term average.
(03.07.2024) The Swiss economy has moved up one spot in the global competitiveness rankings. Switzerland now holds the second position in the 2024 World Competitiveness Ranking by the IMD Business School in Lausanne, just behind Singapore and ahead of Denmark.
(26.06.2024) The forecast for the Swiss tourism sector is sunny: hotels are expected to record nearly 24.2 million overnight stays this season, an increase of 206,000 (+0.9%) compared to 2023, according to predictions by BAK Economics, commissioned by SECO.
