MIL-OSI Translation: Unemployment rate continues to rise in September

MIL OSI Translation. Government of the Republic of France statements from French to English –

Source: Canton of Neuchatel Switzerland

04.10.2024

​In September 2024, an increase in the number of job seekers (63) and unemployed (85) is noted and these numbers stand at 5,322 and 3,487 people respectively.

The unemployment rate in Neuchâtel increased by 0.1 pt compared to the previous month to reach 3.9%. It is up for the third consecutive month but the increase is more moderate this month (it was 0.2 pt the previous month and 0.3 pt in July). An increase of 0.1 pt is also observed at the national level and at the French-speaking level with rates reaching 2.5% and 3.6% respectively.

In terms of entry dynamics, the number of registrations in an ORP in the canton amounts to 693 people in September compared to 688 in August. As for exit dynamics, the number of people who left the ORP amounts to 628, or 41 fewer than the previous month.

Concerning the monthly variations in the number of unemployed in the canton, the evolution is contrasted. Indeed, an increase is observed among young people under 25 (45) and mainly concerns young people reaching the end of vocational training. People aged 25 to 49 (45) also see their numbers increase. On the contrary, a slight decrease is observed for those over 50 (-5). Thus, the unemployment rate for young people (under 25) increases by 0.5 pt to reach 4.9% and the unemployment rate for seniors remains stable at 3.3%.

As for the economic sectors, an increase in the number of unemployed is noted for the other manufacturing activities sector (20) and watchmaking (15). No significant decrease is noted in September.

 

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

MIL Translation OSI