Employment index in Switzerland 2024, by quarter

In the third quarter of 2024, the employment index in Switzerland was at 5.17 points. This means an increase in employment is expected. However, the index has decreased compared to 2022, when it was at almost 17 points.

According to the source, the index enables an early assessment of the labor market situation and has a lead time of one quarter compared to the previous year's rate of change. It is based on a survey of more than 4,500 companies from nine sectors, covering a total of 85 percent of private employment. The calculation is based on the average value of the balances of each survey on current employment and planned employment. This is used to determine a weighted average, which produces the indicator.