Economy
Zofingen is home to several large companies. These include Ringier AG, one of the largest media corporations, Siegfried Ltd, a manufacturer for the pharmaceutical industry, and Muller Martini, a global company that manufactures print finishing systems.
As of 2007, Zofingen had an unemployment rate of 3.19%. As of 2005, there were 108 people employed in the primary economic sector and about 33 businesses involved in this sector. 4,236 people are employed in the secondary sector and there are 121 businesses in this sector. 4,514 people are employed in the tertiary sector, with 565 businesses in this sector.
In 2000 there were 4,377 workers who lived in the municipality. Of these, 2,352 or about 53.7% of the residents worked outside Zofingen while 6,538 people commuted into the municipality for work. There were a total of 8,563 jobs (of at least 6 hours per week) in the municipality. Of the working population, 14.2% used public transportation to get to work, and 45.3% 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)
“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)