Employment in Switzerland continued to rise in the second quarter of 2026, according to the Federal Statistical Office. Most of the new jobs were in services, while the number of vacancies was also higher than a year earlier. At the end of June, companies outside agriculture employed 5.698m people. Of these, 2.388m worked part-time. Women […]
Swiss exporters set for major tariff breakthrough in China
Switzerland and China have concluded negotiations on an upgraded trade agreement that would remove tariffs on almost all Swiss exports to China. Guy Parmelin, Switzerland’s economy minister, and Wang Wentao, his Chinese counterpart, announced the deal on Thursday. Under the revised agreement, 99.8% of current Swiss exports to China would eventually be exempt from customs […]
Swiss government committee calls for an immigration tax on EU workers
A committee of Switzerland’s Council of States wants to introduce an immigration levy on workers from the European Union if migration rises sharply after the Bilateral Agreements III enter into force, reported RTS. Andrea Caroni, a member of the Council of States, says the measure could be used only after the Federal Council had successfully […]
Swiss unions want a 2% pay rise. Employers are unconvinced
With inflation running at just 0.4%, the battle over wages in 2027 may be as much about productivity growth as lost purchasing power. In any case Switzerland’s wage negotiations for 2027 are shaping up to be contentious. Travail.Suisse, a trade-union federation, is demanding an across-the-board pay rise of 2%. The Swiss Employers’ Association, by contrast, […]
Switzerland’s inflation problem is that it barely has one
Consumer prices declined in July, underscoring how different Switzerland’s inflation story is from much of the world. Over the month the consumer-price index fell by 0.1% from June, leaving prices just 0.4% higher than a year earlier, according to the Federal Statistical Office (FSO). Core inflation, which strips out fresh and seasonal products, energy and […]
Federal Council opposes initiative to curb fossil-fuel funding
This week, the Federal Council said it opposes the popular initiative “For a sustainable and future-oriented financial centre in Switzerland” and has also rejected the idea of a counter-proposal. reported SRF. The initiative’s backers say it is intended to ensure that the Swiss financial centre no longer contributes to environmental damage and climate change through […]
Rejection of wage protection measures risks Swiss-EU deal
With parliament due to debate Switzerland’s package of agreements with the European Union next month, a committee in the upper house has rejected measures intended to protect wages, reported RTS. One has become particularly contentious: stronger safeguards for workers’ representatives against unfair dismissal. Trade unions now warn that they may oppose the agreements altogether. The […]
How the Big Mac Index overstates the Swiss franc’s strength
For 40 years, The Economist has indulged in what it refers to as “burgernomics”: a worldwide comparison of the price of a Big Mac. The McDonald’s Big Mac is remarkably consistent wherever you eat it, so you might expect its price to be consistent too. But it is not—and, according to the publisher, that reveals […]
Swiss rail – squeezing more people onto ever busier trains
Switzerland’s railways are carrying more people than ever. In the second quarter of 2026 passengers travelled 6.3bn kilometres by train, an increase of 5.2% from a year earlier, reported Litra. That surpassed the previous record, set in the final quarter of 2025, by nearly 200m passenger-kilometres, the collective distance travelled by passengers. This is good […]
America imposes new 12.5% tariff on Swiss goods
America has imposed new tariffs of 10% or 12.5% on selected imports from about 60 trading partners, including Switzerland. The White House says the countries concerned have failed to do enough to combat forced labour. The measures, announced on Thursday, took effect overnight. The European Union, Japan and Taiwan are also named in the American […]
