Swiss job market growth slows as vacancies shrink

The job market growth in Switzerland continues to slow down. The number of vacancies shrank significantly in the second quarter of 2024, said the Swiss job placement company Adecco. This is shown by the "Swiss Job Market Index" published on Wednesday. According to the analysis, the number of job vacancies fell by 8% in the second quarter compared to the previous quarter. The report notes that vacancies are steadily nearing pre-pandemic levels. Moreover, there has been an 11% drop compared to the same quarter last year. Administrative roles, such as secretaries, and healthcare professionals, such as nurses, have been notably affected by the decline in demand. Additionally, IT specialists in system administration, application programming, and database development are also experiencing a significant decrease in demand. Sign up for our weekly newsletters on the Swiss economy and other issues. Compared to the previous quarter, the number of positions for people with these job profiles ...