Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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69 February, 2021 Switzerland Total Workforce (000s) Q3 '20 4,946 Unemployed Workers (000s) 183 Unemployment Rate 3.7% Youth Unemployment Rate 3.4% 1,515 3,353 1,295 205 1,929 357 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 2,498 2,517 2,515 2,478 2,500 4.3% 3.7% 4.5% 4.8% 4.9% 2,193 2,216 2,196 2,158 2,185 4.9% 4.2% 4.6% 4.4% 5.7% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 73.5% 73.4% 73.8% 72.8% 73.4% 62.9% 63.0% 62.5% 61.2% 62.8% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Participation Rate Female Participation Rate Almost 30% of the population is foreign born. Over 700K Swiss have emigrated. The unemployment gap between foreign born and native born populations was 4.1 percentage points in 2019. 74% of the population live in urban areas. More than 9,900 Covid-19 deaths. EU/Schengen residents and residents from a limited number of low risk countries may travel to Switzerland. All arrivals need a negative Covid- 19 and may need to quarantine. Most non-essential shops are closed. Schools are gradually reopening although may be closed on a canton basis. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands Key Sources: https://www.ilo.org/ https://data.worldbank.org/ https://migrationdataportal.org/ https://www.un.org/development/desa/pd/ https://vivoclinic.com/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html

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