Economic calendar
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Thursday 5 November 2026
CHF Swiss Unemployment RateUnemployment Rate Forecast 3.1%Previous 3.1%
- What it is
- This shows the share of the Swiss labour force that is out of work. It is published monthly by the State Secretariat for Economic Affairs (SECO).
- Why it matters
- Traders use it to gauge the health of the Swiss labour market and economy, which can influence the Swiss National Bank's (SNB) view on interest rates. It is usually of medium importance.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A higher-than-forecast unemployment rate is often read as a weaker economy and tends to weigh on the Swiss franc (CHF), while a lower-than-forecast figure usually supports it. The reaction is often modest compared with inflation data or central bank meetings.
CHF SNB Chairman Schlegel Speaks
- What it is
- This is a public speech or set of remarks by Martin Schlegel, Chairman of the Swiss National Bank (SNB), which is Switzerland's central bank.
- Why it matters
- A central bank chief's comments can offer clues about interest rates, monetary policy and the central bank's view of the Swiss franc. Traders follow it, and its importance usually depends on what is said.
- Usual market reaction
- Traders usually listen for hints about rate changes, views on inflation or possible action on the currency. If the tone is firmer than the market expects, the Swiss franc often strengthens, while a softer tone than expected tends to weigh on it. Gold sometimes draws attention when the franc moves sharply, as both are often seen as safe-haven assets.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.