Vex, Switzerland - Economy

Economy

As of 2010, Vex had an unemployment rate of 2.8%. As of 2008, there were 50 people employed in the primary economic sector and about 18 businesses involved in this sector. 58 people were employed in the secondary sector and there were 11 businesses in this sector. 309 people were employed in the tertiary sector, with 57 businesses in this sector. There were 644 residents of the municipality who were employed in some capacity, of which females made up 43.3% of the workforce.

In 2008 the total number of full-time equivalent jobs was 331. The number of jobs in the primary sector was 34, of which 20 were in agriculture and 14 were in forestry or lumber production. The number of jobs in the secondary sector was 54 of which 1 was in manufacturing and 53 (98.1%) were in construction. The number of jobs in the tertiary sector was 243. In the tertiary sector; 42 or 17.3% were in wholesale or retail sales or the repair of motor vehicles, 16 or 6.6% were in the movement and storage of goods, 55 or 22.6% were in a hotel or restaurant, 13 or 5.3% were the insurance or financial industry, 6 or 2.5% were technical professionals or scientists, 10 or 4.1% were in education and 53 or 21.8% were in health care.

In 2000, there were 153 workers who commuted into the municipality and 406 workers who commuted away. The municipality is a net exporter of workers, with about 2.7 workers leaving the municipality for every one entering. Of the working population, 8.9% used public transportation to get to work, and 71.4% used a private car.