Economy
As of 2010, Fahy had an unemployment rate of 4.9%. As of 2008, there were 39 people employed in the primary economic sector and about 17 businesses involved in this sector. 64 people were employed in the secondary sector and there were 13 businesses in this sector. 89 people were employed in the tertiary sector, with 14 businesses in this sector. There were 192 residents of the municipality who were employed in some capacity, of which females made up 43.2% of the workforce.
In 2008 the total number of full-time equivalent jobs was 161. The number of jobs in the primary sector was 26, all of which were in agriculture. The number of jobs in the secondary sector was 61 of which 56 or (91.8%) were in manufacturing and 5 (8.2%) were in construction. The number of jobs in the tertiary sector was 74. In the tertiary sector; 22 or 29.7% were in wholesale or retail sales or the repair of motor vehicles, 14 or 18.9% were in the movement and storage of goods, 2 or 2.7% were in a hotel or restaurant, 5 or 6.8% were the insurance or financial industry, 25 or 33.8% were technical professionals or scientists, 3 or 4.1% were in education.
In 2000, there were 176 workers who commuted into the municipality and 88 workers who commuted away. The municipality is a net importer of workers, with about 2.0 workers entering the municipality for every one leaving. About 35.2% of the workforce coming into Fahy are coming from outside Switzerland. Of the working population, 5.7% used public transportation to get to work, and 54.7% used a private car.
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Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)