Switzerland Unemployment Rate: 4.17% (Q1 2023)
Switzerland Unemployment Rate came in at 4.17 on May 16, 2023, compared with 3.98 previously. See the full release history, chart, Swiss National Bank context, and API access for this series.
- Actual
- 4.17
- Previous
- 3.98
- Forecast
- --
- Next release
- Nov 12, 2026
Q1 2023
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Switzerland Unemployment Rate release chart
Readings leading into this release, with this print highlighted. Hover or tap a point for its value.
Switzerland Unemployment Rate release analysis
What the release showed
Switzerland Unemployment Rate came in at 4.17 in the release of May 16, 2023, up 0.19 from 3.98.
Why Unemployment Rate matters for CHF
The unemployment rate is a cornerstone of the Swiss National Bank's dual or single mandate. A tightening labour market signals wage pressure and potential inflation, pulling rate expectations higher and supporting the chf.
How to read it
A lower-than-expected unemployment rate is typically chf-positive because it implies a tight labour market and possible wage inflation, consistent with hawkish central bank policy. A rising unemployment rate increases rate-cut odds.
What to watch next
The next Switzerland Unemployment Rate release is due on Nov 12, 2026.
- Direction of change rather than the level itself
- Participation rate moving the headline rate independently
- Underemployment (U-6 in the US) widening vs U-3
- Sahm Rule trigger for US recession risk
Get Switzerland Unemployment Rate data as soon as it is published
This page shows the most recent releases. The API serves the full Switzerland Unemployment Rate history and every other series we cover, with each row stamped with the time the official source published it.
- Full release history with actual, previous and reference period on every row.
- Publication timestamps on each announcement, so backtests only use data that was public at the time.
- Consensus forecasts joined by announcement ID to measure the surprise.
- Release calendar with confirmed times for upcoming announcements.
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Start Free Trial Read the API referenceGET https://api.fxmacrodata.com/v1/announcements/chf/unemployment
import requests
resp = requests.get(
"https://api.fxmacrodata.com/v1/announcements/chf/unemployment",
headers={"X-API-Key": "YOUR_API_KEY"},
timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])Match this release by announcement_id chf_unemployment_2023-03-31. Forecasts for the same release: /v1/predictions/chf/unemployment.
Release data snapshot
Citation fields for this announcement.
| Public release ID | chf_unemployment_2023-05-16 |
|---|---|
| API announcement ID | chf_unemployment_2023-03-31 |
| Release time |
2023-05-16 06:30 UTC
|
| Reference period date | 2023-03-31 |
| Actual value | 4.17 |
| Previous value | 3.98 |
| Forecast | -- |
| Surprise | -- |
More Switzerland Unemployment Rate releases
Move through adjacent announcement records for the same series.
Related Switzerland indicators
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Common questions about this release
The value, its publication time, the next scheduled date, and the official publisher for Switzerland Unemployment Rate.
What did Switzerland Unemployment Rate come in at, and how did it compare with the forecast and the previous reading?
Switzerland Unemployment Rate was 4.17% in Q1 2023. The previous reading was 3.98%.
When was this Switzerland Unemployment Rate release published?
This release was published on May 16, 2023 at 08:30 Europe/Zurich.
When is the next Switzerland Unemployment Rate release?
The next Switzerland Unemployment Rate release is scheduled for Nov 12, 2026.
What is the official source for Switzerland Unemployment Rate?
FSO publishes the official Unemployment Rate series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series. FSO official release.
Raw announcement payload
Field names are preserved for traceability and downstream testing.
{
"announcement_datetime": 1684218600,
"announcement_id": "chf_unemployment_2023-03-31",
"announcement_source_url": "https://www.bfs.admin.ch/bfs/en/home/statistiken/katalog.assetdetail.24725772.html",
"date": "2023-03-31",
"previous_value": 3.98,
"publication_time_precision": "minute",
"publication_time_status": "confirmed",
"revisions": [
{
"announcement_source_url": "https://www.bfs.admin.ch/bfs/en/home/statistiken/katalog.assetdetail.24725772.html",
"epoch": 1684218600,
"publication_time_precision": "minute",
"publication_time_status": "confirmed",
"val": 4.17
}
],
"val": 4.17
}