Economists say they expect pay rises on average next year of 2.2% as pay tries to keep up with high inflation. But it won’t be enough as inflation is expected to run at 3.2% next year.
Some sectors will be better off than others. Those working in hospitality could see rises of over 4% as bars and restaurants tackle a labour shortage.
But bankers could see only rises of 1.5% - according to a study at the ETH in Zurich.
The pay claims could be the highest this country has seen for 22 years.
Black Friday sales disappoint
Black Friday sales have been a disappointment – but sales during the week were up.
Inflation up, slightly.
Swiss inflation rose less than expected in November, raising hopes of an interest rate cut by the Swiss National Bank next week.
Shops will not open on 22nd December
Geneva shops will not be open on Sunday 22nd December.
Woman hit by tram dies
The woman hit by a tram in Servette on Monday evening has died.
Project to help elderly fraud victims
A pilot project has been launched in Neuchâtel to help elderly victims of fraud.
Escalade Races this weekend - with a Green twist
The Escalade races are on in Geneva this weekend. Organisers hope a slightly modified schedule will mean a more relaxed and better spread-out weekend – and new rules will also make it more environmentally friendly.
