Switzerland Unemployment Rate s.a (MoM)

The Unemployment Rate released by the State Secretariat for Economic Affairs (SECO) measures the percentage of the total civilian labor force who are unemployed. If the rate goes up, it indicates a lack of expansion within the Swiss labor market, andas a result, weakness in the Swiss economy. Generally, a decrease in the figure is seen as bullish for the Swiss Franc (CHF), while an increase is seen as bearish.