Growth of Work in Switzerland – Jobs lack Personnel

Posted on 01 July 2008 by Hans-T

The workforce in Switzerland grew significantly in the first and second quarters of 2008. Switzerland is in particular need of wokers qualified in the building and construction fields and in Information Technology (I.T.).

The job market in Switzerland remains excellent and has even improved over the first two quarters of 2008, in spite of inflationary fears and worries over the general economy.

Job growth has been strong, there are generally more opportunities than qualified professionals to fill them, work in Switzerland continues to increase, pulling in experts from the surrounding EU countries and even globally.

According to a recent Manpower study, some sectors of the economy continue to show marked scarcities of qualified job seekers in Switzerland.

By contrast with the three months of last year, the workforce grew by IT Jobs in Switzerland

3% between January and march of 2008, to 4.5 million working professionals.

The strongest gains in annual job growth concerned the sectors of precision medical instruments and luxury watch making (which Work in Swiss Companiesshowed a gain of 7000 jobs, + 7.8%). Building and Construction also grew by 1.9% or 5700 jobs.

Health and Social Services also registered gains (+2.8% or 12,800 jobs) and services – particularly I.T. – rose 3.3% adding roughly 12,000 during the first quarter of the year.

In Switzerland, 36% of the 786 companies surveyed for the Manpower survey experienced problems recruiting qualified personnel. Our of 10 domains of activity affected by the scarcity of qualified professionals and educated work force, the economy lacks particularly qualified personnel in the building and construction industries – such as carpenters, electricians,… — as well as production workers and skilled technicians.

The lack of qualified technicians, particularly in the luxury watch making industries, such as micromechanics experts, constitutes a real threat to Swiss economic growth and future of work in Switzerland. Repercussions of the demographic changes in progress will aggravate further the current lack of qualified personnel in the coming years.

The report underlines the importance of professional training and continuing education, as well as facilitating the import and relocation of foreign professionals with key skills and talents in order to maintain the growth of Swiss industries and the quality of work in Switzerland.

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