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The contraction also became apparent in Switzerland's energy consumption and export growth rates. Switzerland's economy averaged no appreciable increase (only 0.6% annually) in GDP. After enjoying unemployment rates lower than 1% before 1990, the three-year recession also caused the unemployment rate to rise to its all-time peak of 5.3% in 1997.
move to sidebar hide ... there were 56 million people worldwide whose assets exceeded one million US dollars, ... 3.1 Switzerland: 1,054,293: 15.7
After World War II, Switzerland experienced an economic boom that fuelled a demand for labour. Agreement-based recruitment programs with southern European countries, particularly Italy, [2] Spain, [3] and Portugal, facilitated the arrival of thousands of “guest workers.” During this period, Switzerland’s immigration laws centred on ...
It can fluctuate in the range of several billion Swiss francs from year to year (e.g. from 5.3 billion CHF in 1998, to only 1.6 billion CHF in 1999). [16] An analysis of forecasting errors between the years 2001 and 2010 revealed that generally federal revenues are being overestimated during times of recession.
A Reddit poster with a household income topping $1 million posted recently to ask about their financial situation. Their goal is to supercharge their savings for the next four years by maxing out ...
In 2013 there were a total of 1,937,447 permanent residents (23.8% of the total population of 8.14 million) in Switzerland. [27] [28] The majority (1.65 million, 85% of the total immigrants and 20.2% of the total population) came from Europe. The following chart shows permanent resident numbers from selected regions and countries every 5 years.
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Switzerland is offering a cash prize for solutions to remove munitions from its lakes. The ammo was dumped in lakes between 1918 and 1964 as the Swiss military believed it to be safe.