Switzerland - The labour market in recent years - December 31, 2017

In a rather optimistic paper, labour market data from the period 2000-2016 are analysed. The authors conclude that, although the crisis had a strong impact on the economy, unemployment remained below 5%, and real earnings have been growing at a rate of about 0.7% per year since 2000. However, there is a wide wage gap, both between men and women and between nationals and foreign workers. For instance, foreign men’s earnings equal 83% of Swiss men’s earnings in 2015. Women earned around 83% of a man’s wage in 2015. Thus, convergence has been slow. At a speed of three percentage points per 15 years, or one percentage point per five years, it would take another 25−30 years to wipe out the gender pay gap.

Read on: in English …   

For more information, please contact the editor Jan Cremers or Nuria Ramos Martin, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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