Economy
As of 2010, Schwyz had an unemployment rate of 1.8%. As of 2008, there were 484 people employed in the primary economic sector and about 174 businesses involved in this sector. 2,756 people were employed in the secondary sector and there were 179 businesses in this sector. 7,099 people were employed in the tertiary sector, with 696 businesses in this sector.
In 2008 the total number of full-time equivalent jobs was 8,570. The number of jobs in the primary sector was 303, of which 273 were in agriculture and 30 were in forestry or lumber production. The number of jobs in the secondary sector was 2,647 of which 1,589 or (60.0%) were in manufacturing, 8 or (0.3%) were in mining and 928 (35.1%) were in construction. The number of jobs in the tertiary sector was 5,620. In the tertiary sector; 1,357 or 24.1% were in the sale or repair of motor vehicles, 306 or 5.4% were in the movement and storage of goods, 272 or 4.8% were in a hotel or restaurant, 136 or 2.4% were in the information industry, 733 or 13.0% were the insurance or financial industry, 427 or 7.6% were technical professionals or scientists, 260 or 4.6% were in education and 1,053 or 18.7% were in health care.
In 2000, there were 4,484 workers who commuted into the municipality and 2,168 workers who commuted away. The municipality is a net importer of workers, with about 2.1 workers entering the municipality for every one leaving. Of the working population, 13.6% used public transportation to get to work, and 45.3% used a private car.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)