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.
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)