The labor market in Switzerland, 2000–2018

Rafael Lalive and Tobias Lehmann
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Tobias Lehmann: University of Lausanne, Switzerland

IZA World of Labor, 2020, No 402v2, 402

Abstract: Switzerland is a small country with rich cultural and geographic diversity. The Swiss unemployment rate is low, at around 4%. The rate has remained at that level since the year 2000, despite a massive increase in the foreign labor force, the Great Recession, and a currency appreciation shock, demonstrating the Swiss labor market's impressive resiliency. However, challenges do exist, particularly related to earnings and employment gaps between foreign and native workers, as well as a narrowing but persistent gender pay gap. Additionally, regional differences in unemployment are significant.

Keywords: unemployment; real earnings; labor force participation; Switzerland (search for similar items in EconPapers)
Date: 2020
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