Dig­i­tal­i­sa­tion: A dis­torted pic­ture of Swiss labour mar­ket dy­nam­ics

Al­most every day, Swiss news media re­port on com­pany clo­sures and re­struc­tur­ing mea­sures. Media cov­er­age pri­mar­ily fo­cuses on the num­ber of job cuts. Such re­ports often raise the ques­tion whether dig­i­tal­i­sa­tion could ul­ti­mately lead to the re­place­ment of man­power. Un­sur­pris­ingly, anx­i­ety over job loss has re­cently in­creased sig­nif­i­cantly. Ac­cord­ing to a re­cent sur­vey, the Swiss pop­u­la­tion es­ti­mates the level of un­em­ploy­ment to be twice as high as it ac­tu­ally is. At the same time, there are more jobs than ever on the Swiss labour mar­ket. Un­em­ploy­ment is very low and labour mar­ket par­tic­i­pa­tion has reached an all-time high. Where does this dis­crep­ancy come from? The fact sheet sheds light on this mat­ter.

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