Economy
Lucerne has an unemployment rate of 3%. As of 2005, there were 134 people employed in the primary economic sector and about 21 businesses involved in this sector. 5568 people are employed in the secondary sector and there are 416 businesses in this sector. 47628 people are employed in the tertiary sector, with 3773 businesses in this sector. As of 2000 51.7% of the population of the municipality were employed in some capacity. At the same time, women made up 47.9% of the workforce.
Thanks to its continuous tax-cutting policies, Lucerne has become Switzerland's most business-friendly canton. As of 2012 Lucerne offers Switzerland's lowest corporate tax rate at cantonal level.
Furthermore, Lucerne also offers very moderate personal income tax rates. In a recent published study of BAK Basel Economics taxation index 2012, Lucerne made it to the 4th place with an only marginally 2% higher tax rate compared to the top canton in this comparison.
As the biggest Canton of Central Switzerland not only by the number of inhabitants but also in terms of Land, Lucerne still has plenty of affordable Land and Office space to offer which is an other essential reason why Lucerne has become so popular and attractive for companies.
Since November 2009, Zurich Airport can be reached from Lucerne within 40 minutes thanks to a direct motorway from Lucerne to the Airport.
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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.”
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“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.”
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