La Chaux-de-Fonds - Economy

Economy

As of 2010, La Chaux-de-Fonds had an unemployment rate of 8.2%. As of 2008, there were 260 people employed in the primary economic sector and about 95 businesses involved in this sector. 10,594 people were employed in the secondary sector and there were 550 businesses in this sector. 11,813 people were employed in the tertiary sector, with 1,290 businesses in this sector. There were 17,870 residents of the municipality who were employed in some capacity, of which females made up 46.1% of the workforce.

In 2008 the total number of full-time equivalent jobs was 19,692. The number of jobs in the primary sector was 208, of which 198 were in agriculture and 10 were in forestry or lumber production. The number of jobs in the secondary sector was 10,153 of which 9,063 or (89.3%) were in manufacturing and 903 (8.9%) were in construction. The number of jobs in the tertiary sector was 9,331. In the tertiary sector; 2,287 or 24.5% were in the sale or repair of motor vehicles, 680 or 7.3% were in the movement and storage of goods, 571 or 6.1% were in a hotel or restaurant, 150 or 1.6% were in the information industry, 372 or 4.0% were the insurance or financial industry, 573 or 6.1% were technical professionals or scientists, 816 or 8.7% were in education and 2,078 or 22.3% were in health care.

In 2000, there were 8,916 workers who commuted into the municipality and 3,481 workers who commuted away. The municipality is a net importer of workers, with about 2.6 workers entering the municipality for every one leaving. About 19.3% of the workforce coming into La Chaux-de-Fonds are coming from outside Switzerland, while 0.1% of the locals commute out of Switzerland for work. Of the working population, 21.4% used public transportation to get to work, and 52.8% 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.
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