Unemployment in Switzerland at 3.2% in July

Unemployment in Switzerland declined in July compared with its level in June, but remained higher by about 53% compared with its level in July 2019.

The unemployment rate registered 3.2% last month, according to data by the Swiss State Secretariat for Economic Affairs (SECO).

The Swiss Franc (CHF) is declining against major currencies, as it trading down by 0.44% against the British Pound (GBP) but marginally up by 0.02% against the Euro (EUR).

Meanwhile, the USD/CHF is trading at 0.91511, up by 0.35% for the day.