Track SZ Employment Level to gauge consumer spending, a key economic activity driver.
Job creation serves as a key leading indicator for consumer spending, which constitutes the bulk of economic activity. Note that this data was discontinued in August 2015.
What it Measures
Represents the number of employed individuals from the previous quarter.
Usual Effect
When the 'Actual' figure surpasses the 'Forecast', it is generally favorable for the currency.
Source & Frequency
Federal Statistical Office (latest release) - https://www.bfs.admin.ch/bfs/en/home.html • Published quarterly, approximately 55 days after the end of the quarter.
How Data is Derived
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Also Known As
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Acronym
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