Economy
As of 2010, Montreux had an unemployment rate of 6.9%. As of 2008, there were 70 people employed in the primary economic sector and about 27 businesses involved in this sector. 1,165 people were employed in the secondary sector and there were 174 businesses in this sector. 9,290 people were employed in the tertiary sector, with 999 businesses in this sector. There were 10,202 residents of the municipality who were employed in some capacity, of which females made up 46.1% of the workforce.
In 2008 the total number of full-time equivalent jobs was 8,991. The number of jobs in the primary sector was 55, of which 31 were in agriculture, 17 were in forestry or lumber production and 6 were in fishing or fisheries. The number of jobs in the secondary sector was 1,118 of which 403 or (36.0%) were in manufacturing and 708 (63.3%) were in construction. The number of jobs in the tertiary sector was 7,818. In the tertiary sector; 1,296 or 16.6% were in the sale or repair of motor vehicles, 439 or 5.6% were in the movement and storage of goods, 1,311 or 16.8% were in a hotel or restaurant, 70 or 0.9% were in the information industry, 564 or 7.2% were the insurance or financial industry, 458 or 5.9% were technical professionals or scientists, 943 or 12.1% were in education and 1,591 or 20.4% were in health care.
In 2000, there were 4,949 workers who commuted into the municipality and 4,964 workers who commuted away. The municipality is a net exporter of workers, with about 1.0 workers leaving the municipality for every one entering. About 2.3% of the workforce coming into Montreux are coming from outside Switzerland, while 0.0% of the locals commute out of Switzerland for work. Of the working population, 22.5% used public transportation to get to work, and 50.9% used a private car.
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Famous quotes containing the word economy:
“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)
“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)
“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)