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 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)
“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)
“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)