The Swiss State Secretariat for Economic Affairs released its unemployment data for Switzerland on Thursday. The Swiss unemployment rate remained at a seasonally adjusted 3.4% in October.
On a seasonally unadjusted basis, the unemployment rate in Switzerland increased to 3.3 in October from 3.2% in September, in line with expectations.
The number of unemployed people in Switzerland rose by 3,043 to 141,269 in October from a month earlier.
The youth unemployment rate was down to 3.5% from 3.7% in September.