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 […]
Electric bike theft jumps in Switzerland (and locking tips)
Recently published Federal Statistical Office (FSO) figures show a sharp jump in the number of electric bicycles stolen in Switzerland. In 2021, 8,919 electric bikes were stolen in Switzerland, 47% more than in 2020. At the same time the number of regular bicycles thefts fell by 11%, reflecting in part the shift away from regular […]
Tips for cutting energy bills
As the prices of fossil fuels skyrocket and further supply and price uncertainty looms, many are seeking ways to cut the amount they spend on home energy. A publication by the Swiss Federal Office of Energy (SFOE) shows where savings can be made. Recent rises in the prices of fossil fuels highlight the paradox at […]
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 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 […]
Swiss government prepares for electricity price shock
Switzerland’s leaders are concerned by the current volatility of electricity prices and have started planning for a potential disaster scenario, reported RTS. The war in Ukraine has impacted energy provision across Europe, said Swiss energy minister Simonetta Sommaruga on Thursday. Price movements have reached historical levels and could worsen if gas supplies from Russia stop. […]
Swiss health insurance could jump by 9% next year
According to the newspaper Le Matin Swiss health insurance premiums could rise by 7% to 9%, reported RTS. The future rise in the cost of health insurance is estimated based on data on the rising healthcare costs being passed on to health insurance companies. According to the data, costs rose during the second half of […]
Swiss inflation rises further in March 2022
On 1 April 2022, Switzerland’s Federal Statistical Office published March inflation data, which show prices 2.4% higher than one year ago. Switzerland’s consumer price index (CPI) increased by 0.6% in March 2022 compared with the previous month. Inflation was +2.4% compared with the same month of the previous year. Swiss prices were driven higher by […]
Swiss Covid debts could take 13 years to repay
Responding to the coronavirus is likely to have added between CHF 25 and 30 billion to Swiss federal borrowing, a sum that will only be known when the final calculation is made at the end of 2022. Paying this back is expected to take 11 to 13 years. The federal government said that repaying this […]
Chart of the week: Swiss retirement age compared
Switzerland’s retirement age of 65 for men and 64 for women puts its state pensioners in the youngest half of OECD retirees. This week, when a Swiss parliamentarian asked in which direction pension reform was heading, he received a written response that said the state pension system could be stabilised from 2030 with a rise […]
