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Forecast of Employment in Switzerland: The Macroeconomic View

Author

Listed:
  • Mansoor Maitah

    (Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Czech Republic,)

  • 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.)

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.

Suggested Citation

  • Mansoor Maitah & Daniel Toth & Elena Kuzmenko & Karel r dl & Helena Rezbov & Petra nov, 2016. "Forecast of Employment in Switzerland: The Macroeconomic View," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 132-138.
    • Handle: RePEc:eco:journ1:2016-01-17
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    References listed on IDEAS

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    Cited by:

    1. Pavel Stafek & Petra Sanova & Zuzana Novotna & Adriana Laputkova, 2016. "Effectiveness of Retraining as an Instrument for Solving the Problem of Structural Unemployment in the Czech Republic," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 926-932.

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    More about this item

    Keywords

    Switzerland; Unemployment; Employment; Forecast;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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