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Swiss unemployment rate remains stable in August

Staff Writer |
Switzerland's unemployment rate remained stable in August, data from the State Secretariat for Economic Affairs showed Friday.

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The jobless rate held steady at seasonally adjusted 3.2% in August, in line with expectations.

The number of unemployed increased by 1,652 from previous month to 135,578 in August.

On an unadjusted basis, the unemployment rate was 3%, the same as in July.

The youth unemployment rate climbed to 3.4% in August from 2.8% in the previous month.

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