Editing Economy of Switzerland (section)

==Workforce==
{{see also|Education in Switzerland|Immigration to Switzerland}}
The Swiss economy is characterised by a [[skilled]] and generally 'peaceful' workforce. One quarter of the country's full-time workers are [[Trade unions in Switzerland|unionised]]. Labour and management relations are amicable, characterised by a willingness to settle disputes instead of resorting to labour action. They take place between trade unions and branch associations, that are themselves often grouped in Union of Employers, like the Fédération patronale vaudoise or the [[Fédération des Entreprises Romandes Genève]]. About 600 collective bargaining agreements exist today in Switzerland and are regularly renewed without major problems. However, there is no country-wide minimum wage across sectors, but some collective bargaining agreement may contain minimum wage requirements for specific sectors or employers. A May 2014 ballot initiative which would have required a Swiss minimum wage to 22 Swiss francs an hour (corresponding to a monthly income of about 4000 Swiss francs) failed to pass, gaining only 23.7% support on the ballot.<ref name="urlStatistikMindestlohnInitiative">{{cite web |url=http://www.bfs.admin.ch/bfs/portal/de/index/themen/17/03/blank/key/2014/023.html |title=Statistik Schweiz - Mindestlohn-Initiative |access-date=2016-04-01}}</ref>
On 27 September 2020 voters in the Canton of Geneva approved a minimum wage of 23 [[Swiss franc]] per hour or about 4,000 per month.<ref>{{Cite news |date=2020-11-02 |title=Geneva: Why the world's highest minimum wage was needed |language=en-GB |work=BBC News |url=https://www.bbc.com/news/world-europe-54745033 |access-date=2021-03-15}}</ref>

With the peak of the number of bankruptcies in 2003, however, the mood was pessimistic. Massive layoffs and dismissals by enterprises resulting from the global economic slowdown, major management scandals and different foreign investment attitudes have strained the traditional Swiss labour peace. Swiss trade unions have encouraged strikes against several companies, including [[Swiss International Air Lines]], [[The Coca-Cola Company|Coca-Cola]], and [[Orange S.A.|Orange]]. Total days lost to strikes, however, remain among the lowest in the OECD.

A study estimated that Switzerland will have a short fall of hundreds of thousands of workers by 2030.<ref>{{Cite web|url=https://www.swissinfo.ch/eng/why-switzerland-needs-workers-from-abroad/46694984|title=Why Switzerland needs workers from abroad|date=8 March 2023 }}</ref> According to statistics, one in four Swiss has a second job.<ref name="SWI swissinfo.ch 2023 z242">{{cite web | title=One in four Swiss has second job, survey finds | website=SWI swissinfo.ch | date=2023-07-23 | url=https://www.swissinfo.ch/eng/business/one-in-four-swiss-has-second-job--survey-finds/48682244 | access-date=2023-08-04}}</ref>