Switzerland’s economy in 2024 is expected to see below-average growth, with GDP forecasted to rise by just 1.2%. This slow pace is largely attributed to global economic challenges and a reduction in investment, particularly in capital goods. A recovery is anticipated in the second half of the year as international demand picks up, likely benefiting the country’s export sector. Despite this, the labor market remains strong. While unemployment is expected to increase slightly, job growth has slowed, especially in industries such as temporary work, manufacturing, and hospitality. However, an expected rise in real wages will help support consumer spending and keep private consumption steady. Looking ahead to 2025, there is more optimism, with GDP growth projected to reach 1.7%.
Geneva in particular is home to a diverse range of major employers across various industries, including the United Nations Office at Geneva (UNOG), the World Health Organization (WHO), International Labour Organization (ILO), World Trade Organization (WTO), and International Committee of the Red Cross (ICRC). Geneva is also a significant global financial center. Major banks and financial institutions, such as UBS, Credit Suisse, and Pictet Group, are some of the top employers in the financial services industry. The European Organization for Nuclear Research (CERN), located on the outskirts of Geneva, is one of the world’s leading scientific research institutions, employing thousands of researchers, engineers, and administrative staff. Having an Executive CV Writing Service when applying to these companies is a distinct advantage.
As a specialized agency of the United Nations, the ILO plays a crucial role in setting international labor standards and employs a significant number of staff in Geneva. This global health organization Gavi, the Vaccine Alliance, focused on increasing access to vaccines, also has a major presence in Geneva, offering employment in public health and administration. Known for organizing its annual meeting in Davos, the World Economic Forum is headquartered in Geneva and provides jobs in policy, communications, and research.
