Job market remains in good shape

People waiting for a job interview.

(27.07.2022) The Swiss labor market stabilized at a high level in Q2 2022. The Swiss Job Market Index, published by the Adecco Group and the University of Zurich, shows a slight quarter-on-quarter decline of 0.7%, but remains well above the levels observed in Q2 2021.

Geopolitical risks are certainly casting a shadow over the economy and company recruiting propensities. However, post-COVID economic recovery continues to fuel employment. Swiss employees are still benefiting from a more favorable hiring climate than at the same time last year (+28% job offers in German-speaking Switzerland, +7% in Latin Switzerland, +24% nationwide). 

Almost all occupational groups have experienced an increase in their employment index between the first half of 2021 and the first half of 2022. Catering and sales specialists, whose activity was particularly affected by the health restrictions, are now the most in demand, with an increase of 91%. This is followed by office personnel (+74%), personal services personnel (+68%), construction, agriculture, and auxiliary services (+49%) as well as trade and industry (+49%). 

In contrast, IT-related jobs are up by only 15% but are still above their pre-crisis level (17%). The technical specialists sector shows an increase of 11%.

Nevertheless, demand for management personnel remains relatively low. This is the only occupational group to see a decline ( -2%) between the first half of 2021 and the first half of 2022.


Last modification 27.07.2022

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