1. Switzerland
Competition for jobs in Switzerland is fierce and opportunities are more limited for those from outside the EU or EFTA (European Free Trade Association), as there are often quotas for jobs in Switzerland for foreigners, even for highly skilled, highly qualified professionals. However, finding a job in Switzerland is quite possible, including a small number of jobs in Switzerland for English speakers, especially in industries where there is a shortage of skilled workers. However, in multicultural Switzerland, language is often the key to finding a job in Switzerland.
The Swiss economy is stable and Switzerland's unemployment rate is one of the lowest in the world, at 4.3% in March 2020. However, foreigners account for nearly half of those officially unemployed. Cross-border employment also continues to play an important role in Switzerland, with some 332,177 cross-border workers active in Switzerland in the three months to the end of June 2020.
Highly skilled and professional industries play a strong role in the Swiss economy, with some of the largest sectors including chemicals, banking, insurance, pharmaceuticals, watchmaking and food retail. Many large multinational companies have established headquarters in Switzerland, largely due to Switzerland’s favourable tax conditions. Nestle is the largest company in Switzerland in terms of number of employees, with 323,000 workers.
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