Vacallo - Economy

Economy

As of 2007, Vacallo had an unemployment rate of 4.3%. As of 2005, there were people employed in the primary economic sector and about businesses involved in this sector. 68 people were employed in the secondary sector and there were 11 businesses in this sector. 201 people were employed in the tertiary sector, with 51 businesses in this sector. There were 1,267 residents of the municipality who were employed in some capacity, of which females made up 40.1% of the workforce.

In 2008 the total number of full-time equivalent jobs was 290. The number of jobs in the primary sector was, all of which were in agriculture. The number of jobs in the secondary sector was 87, of which 34 or (39.1%) were in manufacturing and 39 (44.8%) were in construction. The number of jobs in the tertiary sector was 203. In the tertiary sector; 54 or 26.6% were in wholesale or retail sales or the repair of motor vehicles, 12 or 5.9% were in the movement and storage of goods, 19 or 9.4% were in a hotel or restaurant, 6 or 3.0% were the insurance or financial industry, 6 or 3.0% were technical professionals or scientists, 18 or 8.9% were in education and 11 or 5.4% were in health care.

In 2000, there were 321 workers who commuted into the municipality and 1,066 workers who commuted away. The municipality is a net exporter of workers, with about 3.3 workers leaving the municipality for every one entering. About 32.7% of the workforce coming into Vacallo are coming from outside Switzerland, while 1.2% of the locals commute out of Switzerland for work. Of the working population, 6.9% used public transportation to get to work, and 70.8% used a private car.

As of 2009, there was one hotel in Vacallo.

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