Switzerland’s non-seasonally adjusted unemployment rate held steady at 3.2% in February 2026, remaining at its highest level since April 2021. The number of unemployed persons dropped by 1.2 thousand from a month earlier to 151.1 thousand. Meanwhile, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged down to 3.1% from 3.2%, with the number of young unemployed falling by just 0.2 thousand to 13.5 thousand. At the same time, reported job vacancies decreased by 0.8 thousand to 48.1 thousand. On a seasonally adjusted basis, the jobless rate ticked up to 3.0% in February from 2.9% in the previous month.