The unemployment rate in Switzerland remained stable in October

The unemployment rate in Switzerland remained stable in October, the State Secretariat for economic Affairs on Thursday.

The unemployment rate remained at the same level with the seasonally adjusted 3.1 percent in October, in line with economists ‘ expectations. On a not adjusted basis, the index remained at 3%.

The number of unemployed climbed to 1 631 in October from the previous month.

The unemployment rate among young people (to 24 years) dropped slightly to 3.1% in October from 3.2% in September.

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