Investing.com – The number of people employed in Switzerland rose more-than-expected in the third quarter, official data showed on Thursday.
In a report, the Swiss Federal Statistics Office said that the number of employed people in Switzerland rose to a seasonally adjusted 4.08 million during the third quarter, up from 4.06 million in the preceding quarter, whose figure was revised up from 3.97 million.
Analysts had expected the Swiss employment level to fall to 3.98 million in the third quarter.
The report showed that year-on-year, the Swiss employment level index rose 0.9%, compared to 0.8% in the second quarter.
Following the release of the data, the Swiss franc was down against the U.S. dollar, with USD/CHF gaining 0.21% to hit 0.9980.
In a report, the Swiss Federal Statistics Office said that the number of employed people in Switzerland rose to a seasonally adjusted 4.08 million during the third quarter, up from 4.06 million in the preceding quarter, whose figure was revised up from 3.97 million.
Analysts had expected the Swiss employment level to fall to 3.98 million in the third quarter.
The report showed that year-on-year, the Swiss employment level index rose 0.9%, compared to 0.8% in the second quarter.
Following the release of the data, the Swiss franc was down against the U.S. dollar, with USD/CHF gaining 0.21% to hit 0.9980.