The number of job vacancies fell by 3% year-on-year in the second quarter of this year, after a slight recovery in the employment market at the start of the year. “The situation in the Swiss economy remains tense, given the protectionist trade policy of the US, global uncertainties and weak investment momentum,” said Marcel Keller, head of the HR firm Adecco Switzerland, in a study published on Thursday. +Get the most important news from Switzerland in your inbox According to Keller, the decline in the employment index compiled by the staffing giant along with the Zurich-based KOF economic research centre’s employment indicator “points to stagnation on the Swiss labour market, which is also reflected in the rise in unemployment and the moderate trend in employment”. KOF had estimated that a “moderate recovery” in the economy and the labour market should take place by the end of 2025 at the earliest. Health and services in demand The IT sector was particularly affected, with a 31% ...
