The Trader 

Market Outlook: Swiss marvel

The Trader

Data published this morning showed that Swiss unemployment dipped in June to 2.3 per cent seasonally adjusted, 2.1 per cent actual, and the May figure was downwardly revised to 2.3 per cent from 2.4. These numbers have been declining steadily from 3.3 per cent in March 2017 while bringing into question the concept of full employment. The highest was 4.3 per cent in March 1998, the sort of number boasted about in Britain and the US where it is considered ‘full employment’. Switzerland’s record low in this series was 1.6 per cent in December 2000.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now