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Pending Us Customs Duties, the Swiss Labour Market Is in Stand-By
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Despite a bleak economic situation, the unemployment rate remained at 2.7% in June. Companies are suspended from the outcome of negotiations between Bern and Washington on future tariffs on Swiss exports.
The unemployment rate has risen compared to the previous year, but at that time it had moved at a very low level. By the end of the year, unemployment is expected to increase further.
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