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Swiss labour market analysis cut
- 3. Interesting Facts GDP = 700$bn Top 10 happiest countries Comprehensive social welfare
- 4. Labour MarketFacts As-free-as-it-gets labour market Deeply specialised workforce Most productive workforce
- 6. MinimumWage in Switzerland 2014 referendum proposing a CHF22 minimum wage Collective Agreements National government enforcement of standardised employment contracts
- 7. Labour Force Participation rate UBS-Credit Suisse subprime crisis
- 8. Labour Force Participation rate by sex One ofthe highest laborforce participation by women ¼ of the employees belong to a union -> good relations with the employers
- 9. Genderwage gap 1996:Equal payment guaranteed from Federal constitution 2019: Riots against discrimination The gap is higher when we move up to the corporate ladder
- 10. Employment/Population ratio Economic slowdown Population and migrants 2015: abolition of the fixed exchange rate CHF/Euro
- 11. Unemploymentratein % Financial crisis: negative impact on the financial and industrial sector Economic slowdown and rise of unemployment due to dot-com crisis
- 12. Unemploymentrate in %by sex Rank near bottom for working women The percentage of women in tertiary education: 12,5%lower than men
- 13. Long term unemployment Mostly people over 50: age discrimination issues Companies are obliged to make higher pension payments for older employees, an institutional incentive to employ younger people
- 14. Averageannualwages Ballot for minimum wage: 23,7% in favor Inflation rate
Editor's Notes
- Εξίσου καπιταλιστική με τις ΗΠΑ όμως με δικαιότερη κατανομή του πλούτου μεταξύ εργαζομένων. Εξίσου δίκαιη με τις Σκανδιναβικές χώρες όμως πλουσιότερη και μη σοσιαλιστική.
- https://www.nytimes.com/2019/11/02/opinion/sunday/switzerland-capitalism-wealth.html
- *GDP 700bn *Among 10 happiest countries according to many surveys *Social welfare (=κοινωνική πρόνοια) benefits as comprehensive (=ολοκληρομένο) as Scandinavian countries’ counterparts
- *Οι αντισυμβαλλόμενοι (employees-employers) «κόβουν και ράβουν» τις εργασιακές σχέσεις και παροχές στα μέτρα τους. O OEC (Observatory of Economic Complexity) κατατάσσει την Ελβετία ως #2 χώρα σε παραγωγή πολύ υψηλής ποιότητας προϊόντα, άρα απαραίτητη είναι η ύπαρξη εργαζομένων που είναι βαθειά εξειδικευμένοι. Το Word Economic Forum πριν μια εβδομάδα κατέταξε την Ελβετία ως την #1 χώρα στην παραγωγικότητα του εργατικού δυναμικού της
- https://transferwise.com/gb/blog/minimum-wage-guide-switzerland
- A referendum in 2014, which proposed the introduction of a CHF22 national minimum wage. However, the vote rejected this proposal. Reason: The majority of people already earned above this level in Switzerland, making the measure unnecessary. There are already protections for workers: a)One element of this is collective agreements. b)The national government also maintains the right to enforce standardised employment contracts.
- https://www.nytimes.com/2019/11/02/opinion/sunday/switzerland-capitalism-wealth.html
- https://www.nytimes.com/2019/11/02/opinion/sunday/switzerland-capitalism-wealth.html
- https://www.nytimes.com/2019/11/02/opinion/sunday/switzerland-capitalism-wealth.html
- https://www.nytimes.com/2019/11/02/opinion/sunday/switzerland-capitalism-wealth.html
- https://www.nytimes.com/2019/11/02/opinion/sunday/switzerland-capitalism-wealth.html
- https://www.nytimes.com/2019/11/02/opinion/sunday/switzerland-capitalism-wealth.html