Economy
As of 2007, Wattwil had an unemployment rate of 1.75%. As of 2005, there were 383 people employed in the primary economic sector and about 164 businesses involved in this sector. 1,608 people are employed in the secondary sector and there are 108 businesses in this sector. 2,421 people are employed in the tertiary sector, with 300 businesses in this sector.
As of October 2009 the average unemployment rate was 4.0%. There were 544 businesses in the municipality of which 108 were involved in the secondary sector of the economy while 282 were involved in the third.
As of 2000 there were 2,520 residents who worked in the municipality, while 1,621 residents worked outside Wattwil and 1,937 people commuted into the municipality for work.
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Famous quotes containing the word economy:
“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)
“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)
“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)