Economy
As of 2010, Le Locle had an unemployment rate of 7.6%. As of 2008, there were 95 people employed in the primary economic sector and about 38 businesses involved in this sector. 5,355 people were employed in the secondary sector and there were 196 businesses in this sector. 2,409 people were employed in the tertiary sector, with 300 businesses in this sector. There were 4,855 residents of the municipality who were employed in some capacity, of which females made up 44.0% of the workforce.
In 2008 the total number of full-time equivalent jobs was 7,160. The number of jobs in the primary sector was 71, of which 49 were in agriculture, 17 were in forestry or lumber production and 5 were in fishing or fisheries. The number of jobs in the secondary sector was 5,141 of which 4,944 or (96.2%) were in manufacturing, 1 was in mining and 150 (2.9%) were in construction. The number of jobs in the tertiary sector was 1,948. In the tertiary sector; 591 or 30.3% were in the sale or repair of motor vehicles, 79 or 4.1% were in the movement and storage of goods, 128 or 6.6% were in a hotel or restaurant, 13 or 0.7% were in the information industry, 58 or 3.0% were the insurance or financial industry, 94 or 4.8% were technical professionals or scientists, 349 or 17.9% were in education and 409 or 21.0% were in health care.
In 2000, there were 4,232 workers who commuted into the municipality and 1,877 workers who commuted away. The municipality is a net importer of workers, with about 2.3 workers entering the municipality for every one leaving. About 26.2% of the workforce coming into Le Locle are coming from outside Switzerland, while 0.2% of the locals commute out of Switzerland for work. Of the working population, 13.7% used public transportation to get to work, and 59.6% used a private car.
Read more about this topic: Le Locle
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)