Economy
As of 2007, Bad Ragaz had an unemployment rate of 1.62%. As of 2005, there were 103 people employed in the primary economic sector and about 23 businesses involved in this sector. 687 people are employed in the secondary sector and there are 71 businesses in this sector. 1,911 people are employed in the tertiary sector, with 244 businesses in this sector.
As of October 2009 the average unemployment rate was 3.0%. There were 331 businesses in the municipality of which 64 were involved in the secondary sector of the economy while 248 were involved in the third.
As of 2000 there were 1,510 residents who worked in the municipality, while 1,217 residents worked outside Bad Ragaz and 1,189 people commuted into the municipality for work.
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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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)