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 basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)