Press release: Labor market stabilizes at high level

Adecco Group

A document

The job market is stabilizing at a high level:

catering and sales specialists are currently the most likely to get a job

Zurich, 5 July 2022 – The Swiss labor market has reached a record level three times in a row in the last three quarters. In the context of increasing uncertainties in the world in the first half of 2022, this development is stagnant, at least temporarily. Most professional categories are, however, benefiting from the economic recovery after the Covid pandemic. and record a sharp increase in job vacancies. This is especially the case for catering and sales specialists. Executives are the only professional category that has not changed particularly compared to the first half of 2021. This is revealed by the scientific research of the Adecco Group Swiss Job Market Index of the Swiss Job Market Monitor at the University of Zurich.

Since the first quarter of 2021, the Swiss labor market has only registered strong increases. The Job Index has recorded record values ​​several times in a row. Labor market growth is picking up pace, although it remains at a historically high level. Compared to the previous quarter (1st quarter of 2022), the index registered a slight decrease of 0.7%, in parallel with a 24% increase in the number of vacancies compared to the same quarter of the previous year (2nd quarter of 2021).

The slowdown in the labor market seems to be explained by changing economic conditions. While most Swiss companies were optimistic about global economic developments at the start of the year, that euphoria has subsided in recent months. A look at the economic climate and the KOF economic barometer shows that Swiss economic actors expect a slowdown in economic growth in the near future. The Swiss Employers’ Union thus predicts an economic slowdown and warns that some companies are already starting to refuse orders that would require an increase in the workforce. In addition, the conflict in Ukraine increases geopolitical risks and slows investment.

The economic environment has become more uncertain for Swiss companies. Continuing supply shortages, as well as rising energy prices, are driving up production costs and reducing profit margins. The impending global economic slowdown suggests a decline in international demand for Swiss products in the short to medium term. All these factors can lead companies to be more cautious than they were a few months ago when it comes to workforce planning. »

Marcel Keller, Country Head Adecco Switzerland

A marked improvement in all language regions

However, the comparison of the labor market in the different linguistic regions reveals a very positive evolution compared to the same quarter of the previous year. Both German-speaking Switzerland (+28%) and Latin Switzerland (+7%) have benefited from the economic recovery after the Covid pandemic. Two factors explain the smaller increase in Latin Switzerland compared to German-speaking Switzerland. Job vacancies started to rise again in Q1 2021 in Latin Switzerland, while it wasn’t until Q2 2021 that German-speaking Switzerland saw a further increase. The index value for Q2 2021 in Latin Switzerland thus reached a significantly higher level than in German-speaking Switzerland. This quarter, Latin Switzerland also recorded a drop in the number of job postings compared to the previous quarter. Because of these two factors, the annual variation is much less pronounced in Latin Switzerland than in German-speaking Switzerland.

The evolution of the 14 professional categories analyzed between the 1st half of 2021 and the 1st half of 2022 shows a general positive trend. Most professional categories are registering a clear increase in vacancies. In addition, with the exception of managers, all professional categories equaled or exceeded the pre-crisis level in the first half of 2019. Another good surprise: 10 of the 14 professional categories recorded a historic record for the current semester. Only the academic professions Economics, Managers, Technical Specialists and Specialists Commerce and Administration have already reached a higher index value in previous years than in the first half of 2022. Read more about the composition of the professional sectors, find out here.

Catering and sales specialists more in demand than ever (+91%)

The professional category that has seen the greatest growth is the one most affected by measures linked to the coronavirus: Catering and sales specialists (which include professions such as waiters and waitresses, cooks and cooks and sales). With 91% more job openings than in the first half of 2021, it recorded the strongest increase of all job categories. After reaching its lowest level in the first half of 2021 since the launch of the index series in 2014 due to recurrent measures in the face of the pandemic, the number of vacancies for Foodservice and sales specialists rose at a meteoric rise in the second half of 2021. current, after lifting all measures related to the coronavirus in Switzerland in mid-February 2022, the value of the index reaches an all-time high, surpassing that of Switzerland by 38%. crisis (1st half of 2019). The lifting of measures linked to the coronavirus therefore benefits catering and sales specialists more than all other professional categories.

Strong job growth among office specialists (+74%)

Office specialists, which include businesses such as travel agents, general office workers and customer-facing office workers, have also been hit hard by the coronavirus crisis. Office specialists thus recorded a record level of vacancies in the second half of 2020. The sharp decline seen in 2020 may seem surprising at first, as measures such as teleworking or distancing rules are often relatively easy to implement. professions. However, many companies froze hiring during this period, which also affected Office specialists. Added to this is the fact that many jobs for professionals in this category are in sectors whose economic activity has been severely limited by measures related to the coronavirus (such as tourism).

The recovery phase began in the first half of 2021. Since then, the number of job offers for this professional category has continued to increase. Thus, the Office specialists registered a 74% increase this semester compared to the same semester of the previous year. The index value for this professional category also reached a record level, 28% higher than before the crisis. There have never been more vacancies for office specialists than there are now.

Specialists in personal services (+68%)

With regard to Human Services specialists, which include, inter alia, hairdressers and hairdressers, controllers, assistance professions in the health sector, supervisory professions or porters, the number of job offers increased by 68% compared to the first half of 2021. Compared to office specialists and catering and sales specialists, the decline attributable to coronavirus was much smaller in these businesses. Thus, the low point amid the coronavirus crisis in the first half of 2021 was only 4% lower than the pre-crisis value in the first half of 2019. During the second half of 2021, the number of vacancies rose to an all-time high in the first half. current, 62% above pre-crisis levels.

A slowdown in the growth of academic computer science professions (+15%)

Academic computer science professions, which include professions such as software developers or database specialists, reached their low point attributable to the coronavirus crisis in the second half of 2020. During this period, the number of published vacancies was 16% lower than compared to the same period half of the previous year (2nd semester of 2019). This professional category recovered relatively quickly and returned to pre-crisis level in the following semester (1st semester of 2021). Since the second half of 2021, employment growth has stagnated somewhat, which explains the current smaller 15% increase compared to the first half of 2021. record, 17% higher than its pre-crisis level.

“Academic IT professions have especially benefited from the growing economic importance given to digitalization in the context of the pandemic. The year 2021 saw companies
invest more in digitization projects
to accelerate the transformation process. These investments have led to a rapid increase in demand for skilled IT personnel. »

Yanik Kipfer, Swiss labor market monitor

Technical experts stabilize at pre-crisis level (+11%)

Specialized technicians, which include electricians, technical designers and construction technicians, among others, benefit from an 11% increase in the number of job offers compared to the same semester last year. At the beginning of the Covid pandemic, in the first half of 2020, specialist technicians still registered an 18% drop in positions compared to the same semester of the previous year. But they managed to make up for this loss, returning to pre-crisis level in the second half of 2021. Since then, the number of vacancies has stabilized at this level.

Low demand for executives continues since the coronavirus-linked drop (-2%)

Managers are the only professional category that has not changed particularly compared to the first half of 2021. In the first half of 2020, the number of vacancies fell by 20% compared to the half before the 2019 crisis). Since then, the index value for executives has remained at a relatively low level.

“Unlike other professional categories, there has been no increase in demand for executives since the beginning of the pandemic. Last year, the recovery effects of the pandemic boosted international and domestic demand in a very short time. Currently, many companies are being challenged to meet high demand on time. To achieve this, the first thing to do is increase the workforce. Without the necessary professionals at the base, such as cooks and cooks, artisans or office workers, companies cannot maintain their operational activities. The search for executives becomes, therefore, secondary. »

Marcel Keller, Country Head Adecco Switzerland

At the margins: participation of employees in professional categories

The table here shows the distribution of employees in the different professional categories in Switzerland. It gives an overview of the order of magnitude of professional categories in Switzerland. Data are from the Federal Statistical Office and refer to the year 2020.

Contact

Service de presse Groupe Adecco Suisse
Jessica Jocham, Tél. +41 79 560 48 32,  press.office@adeccogroup.ch

Moniteur suisse du marché de l’emploi, Université de Zurich
Yanik Kipfer, Tél. +41 44 635 23 02,  kipfer@soziologie.uzh.ch

À propos de l’Adecco Group Swiss Job Market Index (Job Index)

En coopération avec le  Moniteur du marché de l’emploi suisse (SMM) de l’Institut sociologique de l’Université de Zurich, le Groupe Adecco Suisse publie quatre fois par an, en janvier, avril, juillet et octobre, l’Adecco Swiss Job Market Index (Job Index). Il s’agit d’une mesure scientifique et globale de l’évolution de l’offre d’emplois dans la presse et sur Internet. L’index repose sur des décomptes trimestriels représentatifs des offres d’emplois dans la presse, les portails d’emploi en ligne et les sites web des entreprises.

À propos du Groupe Adecco Suisse

Le Groupe Adecco Suisse est le n° 1 suisse du domaine des ressources humaines. Comptant plus de 700 collaborateurs sur plus de 50 sites dans toutes les régions linguistiques, nous aidons chaque année près de 26 000 spécialistes à trouver un nouveau défi professionnel. Nos marques spécialisées sont expertes dans leur domaine particulier. Le Groupe Adecco Suisse propose des solutions sur mesure non seulement aux demandeurs d’emploi, mais aussi aux petites, moyennes et grandes entreprises dans le domaine des ressources humaines : recrutement pour des emplois fixes ou temporaires, payroll services, dissociation et externalisation de processus HR complets, planification professionnelle, promotion et mobilité des talents. En Suisse, nous sommes représentés par les marques suivantes : Adecco, Adia, Spring Professional, Akkodis, Badenoch & Clark, Pontoon Solutions, Lee Hecht Harrison et General Assembly.

Le Groupe Adecco Suisse est une société du Groupe Adecco, n° 1 mondial du domaine des ressources humaines. Nous aspirons à faciliter l’insertion professionnelle de chacun et employons tous les jours plus de 3,5 millions de personnes. Nous recrutons, développons et formons des talents dans 60 pays, et nous aidons les entreprises à façonner l’avenir du travail. Classés au palmarès Fortune Global 500, nous montrons l’exemple et créons des valeurs communes qui stimulent l’économie et contribuent à une société meilleure. Le siège social du Groupe Adecco est domicilié à Zurich (ISIN : CH0012138605) et le groupe est coté à la SIX Swiss Exchange (ADEN).

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