The situation on the labor market in January 2024

2024-03-23 10:00:31

Let the newsletter SECOpublished on February 7, 2024, offers a detailed overview of the job market in Geneva for the month of January.

According to the data, the number of registered unemployed increased by 6,316, bringing the total to 113,175, with the unemployment rate increasing from 2.3% to 2.5%.

Young people aged 15 to 24 were also affected, recording an increase of 4.3%. Unemployed people aged 50-64 increased by 5.6%.

The total number of job seekers stands at 182,253, up 7.5%. Announced vacant places increased by 6,726 to reach 42,106.

In November 2023, reductions in working hours affected 4,067 people, down 9.6%. Finally, 1,851 people exhausted their rights to unemployment insurance benefits in November 2023.

This newsletter provides a comprehensive analysis of the current labor market situation, highlighting the challenges and opportunities for job seekers and businesses in the region.

Photo credit: Rawpixel via depositphotos.com

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