As part of a revision of the rules related to foreigners in Switzerland the federal government has concluded discussions around cutting welfare entitlements for nationals from much of the world, reported the newspaper Le Matin. Discussions on restricting the welfare paid to some foreigners, which have been going on for some time, concluded on 3 […]
Recent price rises only the beginning, says Swiss consumer association
Food, energy and housing costs are rising in Switzerland and consumers are beginning to change their spending habits. So far inflation in Switzerland has been moderate with annual inflation of 2.5%. However, according to FRC, a consumer association in French-speaking Switzerland, recent price rises are only the beginning, reported RTS. The biggest driver of Swiss […]
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 […]
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 […]
