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The labor market in Switzerland, 2000–2018

Author

Listed:
  • Rafael Lalive

    (University of Lausanne, Switzerland, and IZA, Germany)

  • Tobias Lehmann

    (University of Lausanne, Switzerland)

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.

Suggested Citation

  • Rafael Lalive & Tobias Lehmann, 2020. "The labor market in Switzerland, 2000–2018," IZA World of Labor, Institute of Labor Economics (IZA), pages 402-402, April.
    • Handle: RePEc:iza:izawol:journl:2020:n:402
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