Signs of economic bounce back

Tuesday, 2 November 2021 04:00

There are definite signs the economy is beginning to bounce back.

A new survey by the Centre for Economic Studies shows companies are beginning to hire again, believing their current staffing levels are too low.

The survey shows this is especially true in the hotel and restaurant sector. A large majority say they expect to be bringing more staff on board.

Other sectors predicting job growth are construction, wholesale trade and service providers.

The Centre for Economic Studies asked 4,500 companies about their employment expectations last month.

More from Bitesize News

Economic outlook uncertain for this year

Switzerland’s economic outlook remains cautious, with the KOF Swiss Economic Institute forecasting growth of around one percent in 2026,although that depends on falling oil prices.
Geneva bans the burkini

Geneva’s parliament has voted to ban the burkini in public swimming pools, ending months of heated debate.
Birthday candles banned in Geneva schools

In response to the fire in Crans Montana, birthday candles have been banned in Geneva’s primary schools.
Transit tax moves closer

Switzerland is moving closer to introducing a transit tax for foreign vehicles crossing the country.
Fake Nyon officer fined

A man in his fifties has been convicted in Vaud after impersonating a police officer in several towns, including Rolle and Nyon.
Heavy traffic this Easter

Heavy traffic is expected across Switzerland over the Easter holiday period, particularly on the A2 Gotthard autoroute and the A13 San Bernardino route from March 27.