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Unemployment and Unemployment Insurance in Switzerland

In: Economic Policy in Switzerland

Author

Listed:
  • George Sheldon
  • Serge Gaillard
  • Stefan C. Wolter

Abstract

In the 1990s unemployment rose to unprecedented heights in Switzerland. Beginning in the summer of 1990, when registered unemployment stood at 0.5 per cent of the labor force, the unemployment rate climbed continuously over the next 31/2 years to peak at 5.2 per cent in January 1994. No OECD country has experienced such a sharp relative increase in unemployment in such a short time span. Needless to say, it has come as a shock to Switzerland.

Suggested Citation

  • George Sheldon & Serge Gaillard & Stefan C. Wolter, 1997. "Unemployment and Unemployment Insurance in Switzerland," Palgrave Macmillan Books, in: Philippe Bacchetta & Walter Wasserfallen (ed.), Economic Policy in Switzerland, chapter 4, pages 62-97, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25875-8_4
    DOI: 10.1007/978-1-349-25875-8_4
    as

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