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Swiss watchmaking: the workforce has contracted by 3%

EMPLOYMENT

Press release

December 2020

At the end of September 2020, the workforce in the Swiss watch industry stood at 57,550 workers, a reduction of 1,553 jobs (-2.6%) compared with the previous year. The decline is comparatively moderate, given the strong impact of the pandemic on the world economy and watch exports.

Swiss watchmaking: the workforce has contracted by 3%

EMPLOYMENT

Press release

December 2020

Swiss watchmaking: the workforce has contracted by 3%

At the end of September 2020, the workforce in the Swiss watch industry stood at 57,550 workers, a reduction of 1,553 jobs (-2.6%) compared with the previous year. The decline is comparatively moderate, given the strong impact of the pandemic on the world economy and watch exports.

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