Farvagny - Economy

Economy

As of 2010, Farvagny had an unemployment rate of 3.3%. As of 2008, there were 78 people employed in the primary economic sector and about 31 businesses involved in this sector. 253 people were employed in the secondary sector and there were 19 businesses in this sector. 320 people were employed in the tertiary sector, with 45 businesses in this sector. There were 891 residents of the municipality who were employed in some capacity, of which females made up 43.8% of the workforce.

In 2008 the total number of full-time equivalent jobs was 533. The number of jobs in the primary sector was 57, all of which were in agriculture. The number of jobs in the secondary sector was 246 of which 73 or (29.7%) were in manufacturing and 173 (70.3%) were in construction. The number of jobs in the tertiary sector was 230. In the tertiary sector; 41 or 17.8% were in wholesale or retail sales or the repair of motor vehicles, 20 or 8.7% were in the movement and storage of goods, 16 or 7.0% were in a hotel or restaurant, 1 was in the information industry, 4 or 1.7% were the insurance or financial industry, 7 or 3.0% were technical professionals or scientists, 45 or 19.6% were in education and 81 or 35.2% were in health care.

In 2000, there were 308 workers who commuted into the municipality and 652 workers who commuted away. The municipality is a net exporter of workers, with about 2.1 workers leaving the municipality for every one entering. Of the working population, 7.2% used public transportation to get to work, and 77.8% used a private car.

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