Forecast of Employment in Switzerland: The Macroeconomic View

Mansoor Maitah (), Daniel Toth, Elena Kuzmenko, Karel r Dl, Helena Rezbov and Petra Nov
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Daniel Toth: Department of Economic Theories, Faculty of Economics and Management, Czech University of Life Sciences Prague, Czech Republic,
Elena Kuzmenko: Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Czech Republic,
Karel r Dl: Department of Economic Theories, Faculty of Economics and Management, Czech University of Life Sciences Prague, Czech Republic,
Helena Rezbov: Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Czech Republic,
Petra Nov: Department of Trade and Accounting, Faculty of Economics and Management, Czech University of Life Sciences Prague, Czech Republic.

International Journal of Economics and Financial Issues, 2016, vol. 6, issue 1, 132-138

Abstract: Switzerland is a unique in its own way country which, although being located in the heart of Europe, is an independent state and non-European Union (EU) member. Its political structure and future development direction is very different from the rest of the Europe. Swiss economy, in comparison with others neighboring EU countries, is much stronger. Being inspired by highly competitive and successful economic performance of Switzerland, the aim of the present study is to conduct a macroeconomic analysis via observing and forecasting the employment/unemployment rates in Switzerland. Employing time series analysis and econometric calculations own forecast will be collated with the forecast published by the Federal Statistical Office of Switzerland. The practical importance of the obtained results will be, as expected, manifested in finding possible ways how to fight unemployment and achieve at least 70% employment rate in the Czech Republic.

Keywords: Switzerland; Unemployment; Employment; Forecast (search for similar items in EconPapers)
JEL-codes: E2 R1 R10 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2016-01-17

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