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ZURICH

Jobs: Why Zurich has rebounded better than other Swiss cities from Covid

The Covid pandemic hit Switzerland hard, although the country's largest city has rebounded strongly.

Zurich, Switzerland's most populous city. Photo by Samira from Pexels
Zurich, Switzerland's most populous city. Photo by Samira from Pexels

Measures imposed due to the Covid pandemic, which began in earnest in February 2020, shuttered businesses across the country and pushed many people out of work. 

When most notable Covid rules were relaxed in Switzerland in mid-February 2022, the economic recovery – highlighted by a strong job market – began in earnest in 2021. 

READ MORE: How the Swiss job market rebounded from the Covid pandemic

Nowhere was this more evident than Zurich, Switzerland’s largest and most economically powerful city. 

How did Zurich rebound from the Covid pandemic in comparison to the rest of the country?

Even though Zurich, along with other large Swiss cities like Geneva, Basel, Bern and Lausanne, have been hit hard by the pandemic from the employment perspective, Zurich’s labour market is now growing faster than in other urban centres.

One of the reasons for this upward trend is that young, well-educated foreigners are coming back.

In the first nine months of 2021, the city’s population grew significantly.

In September alone, it recorded 2,200 additional residents.

This is mainly due to people with a B residence permit, according to Klemens Rosin, methodologist at Zurich’s Statistics Office.

During the crisis, far fewer of them left the city. “This group is made up of well-educated, younger and mobile foreigners who have made a significant contribution to Zurich’s growth”, Rosin said.

Zurich’s employment market is expect to grow even further.

READ MORE: How hard is finding work in Zurich without speaking German?

That’s because in the coming years, many Zurich workers will retire — an estimated  210,000 by year 2050 — creating more job opportunities for younger employees.

In fact, according to a study commissioned by the canton in 2021, if Zurich’s economy is to continue to flourish, it will need around 1.37 million workers by mid-century.

If these vacancies will not be filled, then income, tax revenue and the financing of social security programs will be impacted.

READ MORE: Have your say: What’s the best way to find a job in Zurich

While it is difficult to predict what jobs will be most in demand in 2050 — what new technologies will emerge in the meantime — right now and in medium term, IT workers will be especially needed, experts say, because businesses will continue to to digitalise and automate.

Lower skilled jobs will also be in higher demand, including hospitality, retail and transport. 

With hundreds of thousands of vacancies to fill, people with the permission to work in Switzerland are likely to be flush with offers – particularly skilled workers with recognised qualifications. 

READ MORE: Why finding a job in Switzerland is set to become easier 

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ZURICH

Growth spurt: What Zurich needs to do to accommodate 2 million residents

Switzerland's biggest city Zurich is becoming more densely populated. With the population expected to pass the 2 million mark in the coming years authorities are devising plans to make it liveable for new residents.

Growth spurt: What Zurich needs to do to accommodate 2 million residents

At the end of 2023, over 1.6 million people lived in Zurich, Switzerland’s most populous canton.

But this number is far from static.

The population is continuing to grow — so much so, that it will reach the 2-million mark in the coming years, cantonal authorities said in a press release.

This means an increase of around 450,000 people within the next two decades — a 28-percent growth rate, which is “significantly higher than the Swiss average.”

The primary reason for this hike, accounting for 49 percent of the increase, is immigration, followed by births (44 percent) and, to a lesser degree (7 percent), people moving to Zurich from other Swiss regions

On one hand, this is good news because “it is evidence of the canton’s attractiveness and economic prosperity,” authorities pointed out.

On the other, however, this demographic evolution will create a number of new problems and exacerbate the already existing ones.

That is why “strategic decisions are needed on how to handle challenges facing various areas,”  cantonal officials said.

‘Dealing with consequences’

With this ‘growth spurt,’ Zurich will experience many of the same challenges as Switzerland on the whole will, as demographers are expecting the country’s population to swell to 10 million (from the current 9 million) people in the coming years. 

Just as the federal government has started to think about the best ways to prepare the country’s infrastructure for the growing numbers, Zurich’s authorities too will be “shaping this growth” and “dealing with its consequences.”

To achieve this goal, they have launched the ‘Growth 2050” project to begin in the summer, which will  examine “which approach is most suitable for strategically addressing the challenges ahead,” according to the press release.

What exactly does this mean?

While the project’s findings will not be made public until 2027, authorities will have to ensure that Zurich’s infrastructure, such as housing, public transport, as well as school and healthcare systems, will not crumble under pressure, but be able to function optimally — from both the financial and practical perspectives — in the new context.

While all these areas are important, in Zurich’s case, housing appears to be a particular problem as more residents move into the canton.

With  tens of thousands of foreign nationals having settled in Zurich in the past few years, for instance, affordable housing had become scarcer — a situation that has continued to deteriorate and is expected to grow worse as more residents continue to arrive in the future.

READ ALSO: Zurich hit by affordable housing shortage amid record-high immigration

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