This country is creating more jobs than any other in Europe.
The latest survey from the recruitment company, Manpower, shows 54% of Swiss firms say they plan to hire more people in the next three months compared to 20% that say they’re planning to cut staff.
That’s a positive of 34%.
One of the major growth sectors is the energy and utility sector with 66% of companies planning to bring in more staff – it’s also been given a boost after the weekend’s yes to the domestic electricity law.
The financial sector is also booming, despite many former Credit Suisse workers losing their jobs.
Switzerland is also very open to the opportunities of AI – with most companies saying there are early adopters of ChatGPT.
Small businesses are the backbone of the country – and many say they expect to have difficulties finding suitable staff.
The unemployment rate is at 2.3% - and there’s a shortage of skilled workers, says the survey.
A Vaud recycling firm has switched on an artificial intelligence sorting line at its plant near Yverdon, aiming to close Switzerland's poor plastics recycling record
The gap between Swiss and eurozone interest rates has hit a record 2.5 percentage points, after the European Central Bank raised its benchmark to 2.5% at the end of last week while the Swiss National Bank sits at zero