The State Secretariat for Economic Affairs (SECO) is the Swiss labour market authority, and thus it is responsible for the law on job placement and unemployment insurance. The cantons, the regional employment centres (RAV), the logistics centres for labour market measures (LMM) and the unemployment insurance funds (ALK) are responsible for executing these laws.
The Unemployment Insurance (UI) Compensation Office, which is part of SECO, supervises and manages the UI’s Compensation Fund. The UI ensures an adequate replacement income and aims at securing a quick and lasting reintegration of unemployed people into the labour market.
SECO works to reduce unemployment in cooperation with its executive partners. Moreover, SECO represents Switzerland in international matters relating to job placement and hiring of staff, as well as all issues concerning unemployment.