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:
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“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)