According to SECO's surveys, there were 89’636 unemployed people registered with the regional employment centres (RAV) at the end of October, which is 110 more than in the previous month. The unemployment rate remained at 1.9% in the reporting month. Compared with the same month the previous year, the number of unemployed people declined by 27’097 (-23,2%).

Since 2011, a solidarity contribution has been levied on components of high salaries to help reduce the ALV's debts. The financial situation of the ALV should have recovered enough by the end of 2022 for the solidarity contribution to be automatically abolished by law from 2023. In the current economic climate, this will help relieve the burden on businesses.

The number of occupations that have to be registered in 2023 will be much lower compared to the previous year. The list of occupation types is still subject to the decision of the Federal Department of Economic Affairs, Education and Research (EAER), which is expected in November. The 2023 check-up tool for employers will be available from mid-November.

The Swiss Labour Market Barometer reached a level of 99.6 percentage points in October and is therefore virtually unchanged versus the previous month (99.8 percentage points).

The execution of retroactive KAE payments for vacation and public holiday entitlement is delayed due to the necessary parliamentary readings regarding the relevant supplementary credit in the summer session. You'll find more information on the page 'Short-time working compensation' (in German, French or Italian).