The Swiss State Secretariat for Economic Affairs released its unemployment data for Switzerland on Thursday. The Swiss unemployment rate rose to a seasonally adjusted 3.4% in September from 3.3% in August.
On a seasonally unadjusted basis, the unemployment rate in Switzerland remained unchanged at 3.2% in September. Analysts had expected the unemployment rate to rise to 3.3%.
The number of unemployed people in Switzerland rose by 1,243 to 138,226 in September from a month earlier.
The youth unemployment rate was up to 3.7% in September from 3.6% in August.