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  #41  
Old 11.02.2020, 17:05
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Re: Trend of unemployment?

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Early retirement? Well, my father in law retired nearly 30 years ago at the age of 57 on an excellent final salary pension and within a year had taken a labouring job on a building site as he was bored stiff.
I retired at 52 nearly 6 years ago & I don't have time to do everything I want to do, cant imagine going to work due to being bored.
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  #42  
Old 11.02.2020, 17:16
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Re: Trend of unemployment?

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Early retirement? Well, my father in law retired nearly 30 years ago at the age of 57 on an excellent final salary pension and within a year had taken a labouring job on a building site as he was bored stiff.
To be fair, that's likely due to your dad having a lack of hobbies and interests to fill his time.

I'm not even 40 yet and I could retire tomorrow (if I had the cash, sigh).
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  #43  
Old 11.02.2020, 17:49
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Re: Trend of unemployment?

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But you can make a president of the USA out of a real estate agent!Illogical
Not illogical for a country where branding rules. His worked.
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  #44  
Old 11.02.2020, 17:50
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Re: Trend of unemployment?

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To be fair, that's likely due to your dad having a lack of hobbies and interests to fill his time.

I'm not even 40 yet and I could retire tomorrow (if I had the cash, sigh).
I feel almost guilty to be so excited to go to work every morning. It's a riot, not one day is the same.
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  #45  
Old 11.02.2020, 18:39
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Re: Trend of unemployment?

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It entirely depends on the nature of their work and age... yes unemployment is low, but it is not across the boards. If you are over 55, then it is almost impossible to get a new permanent position.
The thing is, if you are unemployed but no longer entitled to RAV, then you are no longer counted as being unemployed. I find this a very misleading way of calculating the true unemployment figure.
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  #46  
Old 11.02.2020, 20:42
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Re: Trend of unemployment?

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Knowing a lot of people in 'Big Pharma' in Basel I think, subjectively, that there is a trend of taking out a lot jobs at 140k+ (typically 50+) and looking to outsource and/or hire in 'on the cheap'.

I know for sure that the number of externally advertised jobs is pretty close to the internal number for at least one big player, implying that re-orgs are there to bring in 'outsiders', presumably at lower costs

I think in 10 years time Switzerland's 'special status' will have gone with salaries and, presumably, costs more on par with southern Germany.

Germany has an overproduction of academics of all sorts, e.g. IT, economics, lawyers, scientists .. as a result of a misdirected education system (it is too easy to get a A level degree in Germany). As for Switzerland, the consequence of this maldevelopent is an increased

immigration pressure of the academic overproduction - thus leading to increased pressure on salaries, especially in regions near the German border like Basel, Schaffhausen. Also the overpriced products of the Basel drugmakers (manufactured in India) are not any more in high demand...
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Old 11.02.2020, 20:58
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Re: Trend of unemployment?

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I retired at 52 nearly 6 years ago & I don't have time to do everything I want to do, cant imagine going to work due to being bored.
Glad to hear EF keeps you entertained.
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  #48  
Old 11.02.2020, 21:17
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Re: Trend of unemployment?

overabundance of university graduates in Germany



https://www.stern.de/wirtschaft/news...e-3310346.html
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  #49  
Old 12.02.2020, 06:56
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Re: Trend of unemployment?

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The thing is, if you are unemployed but no longer entitled to RAV, then you are no longer counted as being unemployed. I find this a very misleading way of calculating the true unemployment figure.

The only statistics you can trust are those you falsified yourself
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  #50  
Old 12.02.2020, 08:42
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Re: Trend of unemployment?

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overabundance of university graduates in Germany



https://www.stern.de/wirtschaft/news...e-3310346.html

That article is from 2013.
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  #51  
Old 12.02.2020, 08:56
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Re: Trend of unemployment?

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Has anyone else noticed a recent trend of unemployment in those around them here in Suisse? All the news articles lately state that unemployment is at an all time low. However, at least 4 highly educated people from 3 separate companies have been laid off very close to me in the last 3 months. Given I don't know that many people here to start with, this is highly stressful and was wondering if it was just a "local weather storm"
The stronger Swiss Franc is not helping either. I've been 20 years in Switzerland and have observed this same trend as the Swiss Franc is only getting stronger since it's perceived as a safe haven (along with Japanese Yen and Gold) when every other asset fail.

The EU economic downturns e.g. Italy, Spain also make Switzerland a very attractive destination. I have noticed increased migration of northern Italians into the German speaking parts of Switzerland in my field of work. More competition leads to lower wages and lay offs of the more expensive employees.
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Old 12.02.2020, 10:30
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Re: Trend of unemployment?

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That article is from 2013.
It was a problem already then, yes.
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  #53  
Old 12.02.2020, 11:06
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Re: Trend of unemployment?

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It is probably lesser question of the age, more question of the actual salary. Over 50 and not expensive get hired.

I don't think it's salary but pension contributions from 45 up.
I'm at the top of my profession but can't even get an interview. The only interview I've had was for the Bergbahnenkasse and I couldn't even get that
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Old 12.02.2020, 11:20
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Re: Trend of unemployment?

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I don't think it's salary but pension contributions from 45 up.
I'm at the top of my profession but can't even get an interview. The only interview I've had was for the Bergbahnenkasse and I couldn't even get that
Thats a red herring as there is no requirement to pay pension contributions on the full salary & salary can be reduced to compensate.
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  #55  
Old 12.02.2020, 11:21
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Re: Trend of unemployment?

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I don't think it's salary but pension contributions from 45 up.
I'm at the top of my profession but can't even get an interview. The only interview I've had was for the Bergbahnenkasse and I couldn't even get that
Hang in there.
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  #56  
Old 12.02.2020, 11:31
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Re: Trend of unemployment?

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Thats a red herring as there is no requirement to pay pension contributions on the full salary & salary can be reduced to compensate.

I think there's still a very widespread impression / wall of too old + too experienced = too expensive.
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  #57  
Old 12.02.2020, 11:34
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Re: Trend of unemployment?

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I think there's still a very widespread impression / wall of too old + too experienced = too expensive.
It is as wide spread as a single parent = can do only part time. A double hit when the single parent cannot rely on the other parent nor family here.
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Old 12.02.2020, 13:44
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Re: Trend of unemployment?

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The thing is, if you are unemployed but no longer entitled to RAV, then you are no longer counted as being unemployed. I find this a very misleading way of calculating the true unemployment figure.
True, but I think it is the same with all countries - the definition excludes what in Ireland they call 'long term unemployed'.
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Old 12.02.2020, 13:50
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Re: Trend of unemployment?

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The thing is, if you are unemployed but no longer entitled to RAV, then you are no longer counted as being unemployed. I find this a very misleading way of calculating the true unemployment figure.
Thats really interesting. what do you count as then in those circumstances ? Do you just disappear from the records or are you marked as some other category ?
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  #60  
Old 12.02.2020, 13:51
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Re: Trend of unemployment?

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Wonder what the spread of those averages are. The fastest I've gotten a job is 2 years. 3 years now searching for the next one.
Well I'd say the over 50s one is skewed in favour of the under 55s or so....
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