Switzerland May unemployment rate 2.4% vs 2.5% expected

Latest data released by SECO - 7 June 2018

• Prior 2.7%
• Seasonally adjusted 2.6% vs 2.6% expected
• Prior 2.7%

The seasonally adjusted figure is the lowest since 2008. Yet another positive Swiss data, indicating further tightness in the labour market. Coupled with decent GDP figures and inflation data, it continues to reflect the recovering Swiss economy.