Why unemployment in Switzerland is increasing more than elsewhere in Europe
https://www.swissinfo.ch/eng/pharma-supply-chains/why-unemployment-in-switzerland-is-increasing/90981918?utm_source=multiple&utm_medium=website&utm_campaign=bundle-front1_en&utm_content=o&utm_term=wpblock_teaser-bundle
Posted by Heavy-Mycologist-204
14 Comments
Considering the crazy CHF valuation I am actually surprised how stable the economy still is.
Cost and politics. For international companies it‘s too expensive to hire in Switzerland and current politics doesn‘t make it easier.
Not sure if this is related as I am not an expert but in many companies, they prefer outsourcing to other countries in the EU or elsewhere than paying someone in Switzerland to do the same job for a much higher wage. Whether the quality of the work is equivalent is a completely different question, though.
One of the reasons is “merger of Credit Suisse and UBS”. God knows why we allowed UBS to do that? So that they can offshore the jobs and threaten to move to the US?
Most companies hire a few people in switzelrand, say they have the IP here to get low international taxes and then outsource everything
>Being so export-reliant, Swiss industry has been particularly affected by the uncertainty surrounding the additional customs tariffs of 39%, and then 15%, imposed in 2025 by the United States, Switzerland’s second-largest trading partner after the European Union.
I would just like to point out that nursing, civil engineering, teaching and various other professions here are not dependent on exports.
I am very fortunate to work in one of these fields (civil engineering) and have never had any problems finding a job. Not to mention having to go through the ordeal of assessments.
Because there have been a lot of posts here lately with horror scenarios. At least this article provides an overview of which industries are affected.
Why hiring a person in Switzerland for 3x the salary of a German/French employee, or 10x the salary of an Indian?
Managers keep HQ in CH for low taxing and branding their product/service, but under the van things are done where is cheaper.
I am surprised this problem hasn’t surfaced much before, actually.
Overpriced labour
It would be interesting to know how many unemployed are B-permit holders. Lots of people do a bait and switch and get a B-Permit with a job in a blue collar job (where there is demand) and then immediately start applying to office jobs. They can then stay at RAV for nearly two years. I think we will see the numbers go down after the RAV lag is over.
Been jobless since April 2025 and honestly I don’t even care anymore, I’m attending university while collecting RAV
Pharma and banking are laying off thousands of older employees. Ageism is real in Switzerland
Even they are not hiring as much at the moment.
Companies are massively abusing their status by opening offices in other countries and hiring there in droves to pay vastly reduced salaries. All of us who work in tech know we will not see many new Swiss-based colleagues in the coming years. Our country is being hollowed-out of its technological expertise due to greed, and we are partaking in a massive one-way transfer of our wealth to people who will never spend a dime in our economy.
Nobody but the ultra-wealthy will win this game in the long run.
It’s a scandal and our government isn’t doing anything about it.
Because of outsourcing and this is a first hand experience . we went from 250 to a 100 in 4 years offshoring blue collars to india, poland, cczech. we kept the bare minimum to keep tax privileges with the canton