The Swiss State Secretariat for Economic Affairs released its unemployment data for Switzerland on Friday. The Swiss unemployment rate increased to a seasonally adjusted 3.5% in March from 3.4% in February.

On a seasonally unadjusted basis, the unemployment rate in Switzerland decreased to 3.6% in March from 3.7% in February, in line with expectations.

The number of unemployed people in Switzerland fell by 6,093 to 155,324 in March from the previous month.

The youth unemployment rate was down to 3.4% in March from 3.6% in February.

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