Forecast of Employment in Switzerland: The Macroeconomic View

Switzerland is a unique in its own way country which, although being located in the heart of Europe, is an independent state and non EU member. Its political structure and future development direction is very different from the rest of the Europe. Swiss economy, in comparison with others neighborin...

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Main Authors: Mansoor Maitah, Daniel Toth, Elena Kuzmenko, Karel Šréd, Helena Řezbová, Petra Šánová
Format: Article
Language:English
Published: EconJournals 2016-01-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/1496
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author Mansoor Maitah
Daniel Toth
Elena Kuzmenko
Karel Šréd
Helena Řezbová
Petra Šánová
author_facet Mansoor Maitah
Daniel Toth
Elena Kuzmenko
Karel Šréd
Helena Řezbová
Petra Šánová
author_sort Mansoor Maitah
collection DOAJ
description Switzerland is a unique in its own way country which, although being located in the heart of Europe, is an independent state and non EU member. Its political structure and future development direction is very different from the rest of the Europe. Swiss economy, in comparison with others neighboring EU countries, is much stronger. Being inspired by highly competitive and successful economic performance of Switzerland, the aim of the present study is to conduct a macroeconomic analysis via observing and forecasting the employment/unemployment rates in Switzerland. Employing time series analysis and econometric calculations own forecast will be collated with the forecast published by the Federal Statistical Office of Switzerland. The practical importance of the obtained results will be, as expected, manifested in finding possible ways how to fight unemployment and achieve at least 70% employment rate in the Czech Republic. Keywords: Switzerland, unemployment, employment, forecast. JEL Classifications: E2; R1; R100
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spelling doaj.art-d7043b657b484d28b5bc7c6db7ae48292023-02-15T16:09:30ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-01-0161Forecast of Employment in Switzerland: The Macroeconomic ViewMansoor Maitah0Daniel Toth1Elena Kuzmenko2Karel ŠrédHelena ŘezbováPetra ŠánováThe Faculty of Economics and Management, The Czech University of Life SciencesThe Faculty of Economics and Management, The Czech University of Life SciencesThe Faculty of Economics and Management, The Czech University of Life Sciences Switzerland is a unique in its own way country which, although being located in the heart of Europe, is an independent state and non EU member. Its political structure and future development direction is very different from the rest of the Europe. Swiss economy, in comparison with others neighboring EU countries, is much stronger. Being inspired by highly competitive and successful economic performance of Switzerland, the aim of the present study is to conduct a macroeconomic analysis via observing and forecasting the employment/unemployment rates in Switzerland. Employing time series analysis and econometric calculations own forecast will be collated with the forecast published by the Federal Statistical Office of Switzerland. The practical importance of the obtained results will be, as expected, manifested in finding possible ways how to fight unemployment and achieve at least 70% employment rate in the Czech Republic. Keywords: Switzerland, unemployment, employment, forecast. JEL Classifications: E2; R1; R100 https://www.econjournals.com/index.php/ijefi/article/view/1496
spellingShingle Mansoor Maitah
Daniel Toth
Elena Kuzmenko
Karel Šréd
Helena Řezbová
Petra Šánová
Forecast of Employment in Switzerland: The Macroeconomic View
International Journal of Economics and Financial Issues
title Forecast of Employment in Switzerland: The Macroeconomic View
title_full Forecast of Employment in Switzerland: The Macroeconomic View
title_fullStr Forecast of Employment in Switzerland: The Macroeconomic View
title_full_unstemmed Forecast of Employment in Switzerland: The Macroeconomic View
title_short Forecast of Employment in Switzerland: The Macroeconomic View
title_sort forecast of employment in switzerland the macroeconomic view
url https://www.econjournals.com/index.php/ijefi/article/view/1496
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