Economy
The population of Greppen find their livelihood in many diverse fields. Although traditionally dominated by cattle and alpine dairy farming, and fishing, people also raised Chestnuts (in the mild climate) and mined Tuff. The widely used silk and linen weaving factories of the 19th century have disappeared. Major employers include culinary operations, (moderate) tourism, pharmaceuticals, and construction. The commuter balance paints a clear picture. 40 people commute to Greppen, whereas 280 (among a total of 421 employed) commute from Greppen (26.8% to Canton Schwyz, 20.7% to Canton Zug, 12.9% to Lucerne, and 11.4% to the neighboring municipality of Weggis).
Greppen has an unemployment rate of 1.36%. As of 2005, there were 47 people employed in the primary economic sector and about 17 businesses involved in this sector. 35 people are employed in the secondary sector and there are 13 businesses in this sector. 69 people are employed in the tertiary sector, with 31 businesses in this sector. As of 2000 54.7% of the population of the municipality were employed in some capacity. At the same time, females made up 41.3% of the workforce.
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)