A new ordinance on Measure against by SECO – Economic upturn also extending to the export industry – prospects of lower unemployment
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SECO – Economic upturn also extending to the export industry – prospects of lower unemployment
Bern, 19.12.2013 – Economic forecasts from the Federal Government’s Expert Group – Winter 2013/2014* – The economic situation for Switzerland has continued to brighten over the autumn months. The anticipated positive upturn in the export industry appears to have been confirmed. Further increasing exports and consequently a broader-based economic expansion are expected, since domestic economy, which has held up well since the financial crisis, should remain robust. Providing the international economy continues on a gradual path of recovery there are good prospects for a strengthening economic upturn in Switzerland over the next two years. Following the solid GDP growth of 1.9% in 2013, the Expert Group expects growth to accelerate to 2.3% in 2014 and 2.7% 2015. In the labour market this is also likely to be reflected by lower unemployment.
State Secretariat for Economic Affairs
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