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The Swiss State Secretariat for Economic Affairs released its unemployment data for Switzerland on Tuesday. The Swiss unemployment rate remained unchanged at a seasonally adjusted 3.3% in June.
On a seasonally unadjusted basis, the unemployment rate in Switzerland declined to 3.1% in June from 3.2% in May. Analysts had expected the unemployment rate to increase to 3.3%.
The number of unemployed people in Switzerland decreased by 3,093 to 133,256 in June from 136,349 in May.
The youth unemployment rate was down to 2.8% in June from 2.9% in May.
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