AI blamed for falling Swiss job vacancies

The expansion of artificial intelligence (AI) may explain a slowdown in the Swiss labour market, says staffing firm Adecco. +Get the most important news from Switzerland in your inbox According to a regular analysis by Adecco, the number of vacancies fell by 0.2% in the second quarter compared to the previous three months and by 5.6% year-on-year. + AI recruitment machines map out career paths The Swiss Job Market Index, the indicator calculated by Adecco and the University of Zurich, stood at a value of 133, a statement today said. "According to the KOF economic report, the Swiss economy came to a near standstill in the second quarter, penalised by declining exports and rising US tariffs," Adecco's Marcel Keller said. "However, the number of vacancies in the third quarter decreased only moderately and unemployment rate rose only slightly. This could be due to the stabilising effect of consumption trends and the introduction of short-time work." The current study focuses on office ...