As the cost of living rises in Switzerland some are calling for pay increases. Guy Parmelin, Switzerland’s economics and education minister, says it is the responsibility of unions to negotiate pay rises, reports RTS. In an interview with the newspaper SonntagsBlick, Parmelin said it’s up to unions to negotiate wage rises. The government should not […]
SWISS cancels summer flights due to staff shortages
On 7 June 2022, Swiss International Air Lines announced that around 2% of passengers on scheduled flights to destinations in Germany, Poland, UK and Los Angeles would be affected. A SWISS spokesperson said that bottlenecks at air control centres, ground and airport services in Europe and at SWISS were to blame. Personnel shortages at the […]
SWISS repays Covid government guaranteed loans early
On 9 June 2022, Switzerland’s government announced that SWISS had repaid the loans the Confederation had guaranteed at the end of May 2022, ending the arrangement with no loss of public funds. After the Covid-19 pandemic severely impacted the aviation industry, Switzerland’s Federal Council decided in spring 2020 to provide support in the form of […]
Swiss government to ease personal bankruptcy rules
Rules related to personal bankruptcy in Switzerland are tough compared to many countries. In effect, they give heavily indebted individuals breathing space rather than a clean slate. This week, Switzerland’s government put forward a plan to soften the rules. To initiate personal bankruptcy proceedings (technically insolvency proceedings) in Switzerland requires funds of around CHF 5,000 […]
Swisscom fixed and mobile networks out on Tuesday
Swisscom’s telephone network went down on Tuesday for 30 minutes, reported RTS. On Tuesday 3 May 2022 between 22:23 and 22:53 customers across Switzerland using Swisscom’s fixed and mobile networks were unable to access the internet. According to Swisscom, the outage was related to maintenance work. Much to the frustration of football fans the outage […]
Swiss consumer sentiment drops sharply in April
A survey published on 2 May 2022 shows a marked weakening of consumer sentiment in April in Switzerland. Consumers’ outlook for the general economic situation has turned far more pessimistic, said Switzerland’s State Secretariat of Economic Affairs (SECO). In April 2022, the consumer sentiment index plunged to -27, well below the long-term average of −5, […]
Swiss unions call for compensation for public holidays that fall on weekends
Last year, Christmas and Swiss national day (1 August) fell on weekends. Switzerland’s unions are calling for compensation for these “lost” holidays, reports the newspaper 20 Minutes. In Switzerland, when public holidays fall on weekends no extra day off or extra pay is provided by employers. Swiss unions are calling for these missed holidays to […]
Average annual healthcare costs hit 9,600 francs in Switzerland in 2020
Statistics published on 26 April 2022 show health expenditure in Switzerland rose to CHF 9,648 (US$ 10,8001) per person in 2020, making Switzerland (probably) the second biggest per-capita healthcare spender in the world – the OECD has not yet published 2020 expenditure for the US, which is typically the world’s highest spender. Healthcare spending rose […]
Swiss resorts record exceptional 2021/22 season
Swiss ski resorts bounced back in 2021/22 after the Covid-19 pandemic hit the industry hard, reports the Swiss association of mountain lift operators. March 2022 was a particularly good month for the sector. Dry sunny weather combined with the ending of Covid-19 restrictions led to a 32% year-on-year jump in the number of mountain lift […]
Swiss job market reaches new record
The number of Swiss job advertisements rose 47% in the first quarter of 2022 compared to the same quarter in the previous year, a record rise, reported the employment agency Adecco. Job hunters in Switzerland face much better prospects than they have in a long time, said the agency, particularly those with highly sought after […]
