Switzerland May seasonally adjusted unemployment rate 2.9% vs 2.8% expected

• Prior 2.8%

The data was scheduled for 0545 GMT but was delayed by the source. In any case, the Swiss jobless rate continues to creep higher with this being the highest reading since August 2021. That points to continued softening in labour market conditions since last year.

This article was written by Justin Low at www.forexlive.com.