Improving Youth Opportunities and Decreasing Unemployment in Switzerland

In June 2024, the Labor Code recorded important developments in the economy, as the State Economic Secretariat (SECO) recognized a 947 percent increase in the Regional Labor Intermediation Centers (RAV), indicating a decline in the level of unemployment. In the same period, business prices fell by 2.3% in the past three months. Despite these difficult economic conditions, there was an increase in the employment rate, as the number of people who obtained new jobs rose to 19,419 people,

One of the age groups that has seen significant growth in June 2024 is youth. The employment growth rate among youth has increased by 22.8%, indicating an increase in job opportunities available for this age group. It is believed that these numbers have improved in the labor market to increase economic stability, as more young people are employed to provide them with new job opportunities. This growth is attributed to the efforts of the government and institutions to support young people and encourage them to participate effectively in the labor market, including providing the necessary training

It is important to note that these numbers show a real-time picture and the ability of data to measure changing economic and social factors. However, positive growth in youth employment in June 2024 indicates an improvement in job opportunities and economic stability for the country. In June 2024, the growth rate of young people (people aged 15 to 24 years) reached 24 years, which represents a paradoxical increase of 0.3% compared to the previous period. A total of 8,948 young people were employed in this period.

Compared to the previous period, the participation rate among young people increased by 1,485 people, which means a significant increase of 19.9%. Growth rate and proportional indicators Important participation indicators Assessing sustainable economic opportunities for youth.

Reducing the number of unemployed people in the age group between 50 and 64 years

These numbers indicate that there has been an improvement in employment opportunities and youth participation in the labor force during this period. This improvement is attributed to a growing interest in creating job opportunities and supporting young people in the economy. However, we must note that these numbers show a specific situation in a particular time period and the numbers may reflect changing economic and social factors. Therefore, long-term strategies should be monitored to assess stability and improvement in youth employment opportunities.

From June 2024, the number of unemployed people between 50 and 64 years old will be reduced to 321. This represents a 1.1% decrease compared to the previous period. The total number of unemployed people in this category was 29,565 people. Compared to the previous period, the total population increased by 18.2%, reaching 4,544 people. There were 174,964 job searches recorded in June 2024, a decrease of 1,458 compared to the previous month. However, this number increased by 16.2% to 24,346 papers.

These numbers indicate a slight improvement in the situation of the unemployed in the age group between 50 and 64 years, as their number decreased. It is important to note that discounts are being implemented for job seekers at this time, and this reflects changes in employment policies and government work-related offers. It must be taken into account that these numbers are a real-time picture, and that they have been adjusted according to the changing economic speed. It is important to monitor and analyze long-term unemployment trends and evaluate the continued improvement in job opportunities and economic stability for this age group. The efforts of the government and institutions to enhance job opportunities and provide appropriate training and qualifications for young people. This contribution may reflect a positive role model

Volumes of labor market statistics

Short period expected in April 2024 In April 2024, 3,766 people were registered from the short period, 1,920 fewer people (-33.8%) than in the previous period. Losses of affected businesses amounted to 68 units (-25.6%) out of a total of 198. Losses of distressed businesses amounted to 74,104 (-28.4%) out of a total of approximately 187,105 hours. In the previously announced period (April 2023) 120,733 emergencies were recorded, involving 2,848 people in 148 companies. Expectations are that work relief insurance funds will rise to 1,841 people, which is what their work relief law will implement over the next few months.

In April 2024. From August 2024, the State Secretariat for Economic Affairs will update its press documents “Activity in the Labor Market”, by name, to specify the titles and volumes of labor market statistics. Posting is expressed in content form only under the conditions of layout processing. Content in any other age category of employment taxes is not included in income taxes unless additional income tax statistics are approved. All statistics are presented in clear tables and/or graphs. The production process is automatically downloaded into large parts.

02.07.2024 Swiss Health Survey: Tobacco consumption 1992‒2022 – The proportion of smokers decreased In 2022, 24% of people over 15 years of age smoked. Thus, the proportion of smokers has decreased by 3 percentage points since the last survey in 2017, before which it remained stable for a long time. The greatest decrease in smoking rates was observed among individuals with higher education. Over the past 30 years, the proportion of heavy smokers (20 or more cigarettes per day) has more than halved. New tobacco products or e-cigarettes are especially popular among young people. In 2022, 17% of people ages 15-24 reported using these products.

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