Why is unemployment rate so low in the Alpes (user search)
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  Why is unemployment rate so low in the Alpes (search mode)
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Author Topic: Why is unemployment rate so low in the Alpes  (Read 1902 times)
ZuWo
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Posts: 4,873
Switzerland


« on: June 17, 2012, 05:25:30 AM »
« edited: June 17, 2012, 05:27:30 AM by Mideast Governor ZuWo »

I admit that my knowledge of economics is limited, so I am ready to be corrected by some of the economic experts here on the board. Wink
I think some of the factors that are helpful for a country to achieve a low unemployment rate are a flexible job market, positive conditions for smaller and bigger businesses, which gives them an incentive to invest (e.g. acceptable tax rates, not too much regulation, a sufficient number of available skilled employees) and a diversified economy. These factors certainly play a role in Switzerland's economic success, which is reflected by the relatively low unemployment figures.
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