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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland Unemployment (% of Labor Force) climbed to 4.87 Percent in December 2025
World BankYearlyReleased December 2025
Switzerland Unemployment (% of Labor Force) climbed to 4.87 Percent in December 2025, up 0.53 Percent from November's 4.34 Percent reading.
Latest Release
4.873000
Actual
—
Consensus
4.343000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
| USD/JPY | ▲ Direct | +0.30 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Unemployment (% of Labor Force) (Switzerland) was reported at 4.87 Percent in December 2025. The reading rose from the previous value of 4.34 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. In December readings over the past 3 years, Unemployment (% of Labor Force) has averaged 4.42 Percent.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CPI MoM (Aug 3) and Inflation Rate YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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Unemployment (% of Labor Force) - CH
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About Unemployment (% of Labor Force) — Switzerland
DEFINITION
Switzerland's Unemployment (% of Labor Force) rose to 4.873% in December 2025, up from 4.343% in December 2024, marking a notable increase in joblessness. This rise signals a weakening labor market compared to the previous year. Market participants will watch for central bank responses amid this labor market deterioration. Updated 5/1/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print. Current dynamics are the primary headwind in the projection.
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Economic Calendar - CH Events
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | CH | Retail Sales MoM | 0.2 | 0.9 | 1 | 0.60 | Low |
| 06:30 | CH | Retail Sales YoY | 1.5 | 3.4 | 3.2 | 2.35 | Medium |
| Monday, August 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:30 | CH | CPI MoM | 0 | -0.1 | -0.10 | Medium | |
| 06:30 | CH | Inflation Rate MoM | 0 | -0.1 | -0.15 | Low | |
| 06:30 | CH | Inflation Rate YoY | 0.5 | 0.5 | 0.40 | Medium | |
| 07:30 | CH | procure.ch Manufacturing PMI | 54.3 | 54.5 | 55.75 | Medium | |