This article is from the Switzerland FAQ, by Marc Schaefer schaefer@alphanet.ch with numerous contributions by others.
Unemployment rates are again lower in 2001 (tendance: rising, notably
because of the general slowdown and the Swissair crisis), at about
1.9%, down from 5% as of 1997.
Switzerland's competitiveness has fallen, mainly du to the value of
its money, and the high prices on goods. However, the conditions are
still very good, partly thanks to the Work Peace (an agreement between
unions and owners) and partly due to the political stability and to
the efficient infrastructure (plus still relatively low tax levels).
Note that there are differences between Cantons. For example Geneve
has more than 7% percent, and most Swiss-German Cantons are below
5%. However, Geneve is more than a specific case, since, e.g. Fribourg,
Neuchatel and Vaud are about 5% (July 1995). In most Cantons, the rate
is decreasing.
 
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