Economy
As of 2010, Lausanne had an unemployment rate of 8%. As of 2008, there were 114 people employed in the primary economic sector and about 25 businesses involved in this sector. 6,348 people were employed in the secondary sector and there were 698 businesses in this sector. 83,157 people were employed in the tertiary sector, with 6,501 businesses in this sector.
There were 59,599 residents of the municipality who were employed in some capacity, of which females made up 47.4% of the workforce. In 2008 the total number of full-time equivalent jobs was 75,041. The number of jobs in the primary sector was 93, of which 56 were in agriculture, 34 were in forestry or lumber production and 3 were in fishing or fisheries. The number of jobs in the secondary sector was 6,057 of which 1,515 or (25.0%) were in manufacturing, 24 or (0.4%) were in mining and 3,721 (61.4%) were in construction. The number of jobs in the tertiary sector was 68,891. In the tertiary sector; 8,520 or 12.4% were in the sale or repair of motor vehicles, 2,955 or 4.3% were in the movement and storage of goods, 4,345 or 6.3% were in a hotel or restaurant, 4,671 or 6.8% were in the information industry, 6,729 or 9.8% were the insurance or financial industry, 8,213 or 11.9% were technical professionals or scientists, 5,756 or 8.4% were in education and 14,312 or 20.8% were in health care.
In 2000, there were 55,789 workers who commuted into the municipality and 19,082 workers who commuted away. The municipality is a net importer of workers, with about 2.9 workers entering the municipality for every one leaving. About 1.9% of the workforce coming into Lausanne are coming from outside Switzerland, while 0.1% of the locals commute out of Switzerland for work. Of the working population, 40.9% used public transportation to get to work, and 35.1% used a private car.
- Philip Morris International, a tobacco company, has its international headquarters in Lausanne.
- Tetra Laval, a multinational packaging corporation, has its international headquarters in Lausanne.
- Nestlé, a multinational food and nutrition corporation, with international headquarters in Vevey, next to Lausanne.
Read more about this topic: Lausanne
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)