Economy
Lucerne has an unemployment rate of 3%. As of 2005, there were 134 people employed in the primary economic sector and about 21 businesses involved in this sector. 5568 people are employed in the secondary sector and there are 416 businesses in this sector. 47628 people are employed in the tertiary sector, with 3773 businesses in this sector. As of 2000 51.7% of the population of the municipality were employed in some capacity. At the same time, women made up 47.9% of the workforce.
Thanks to its continuous tax-cutting policies, Lucerne has become Switzerland's most business-friendly canton. As of 2012 Lucerne offers Switzerland's lowest corporate tax rate at cantonal level.
Furthermore, Lucerne also offers very moderate personal income tax rates. In a recent published study of BAK Basel Economics taxation index 2012, Lucerne made it to the 4th place with an only marginally 2% higher tax rate compared to the top canton in this comparison.
As the biggest Canton of Central Switzerland not only by the number of inhabitants but also in terms of Land, Lucerne still has plenty of affordable Land and Office space to offer which is an other essential reason why Lucerne has become so popular and attractive for companies.
Since November 2009, Zurich Airport can be reached from Lucerne within 40 minutes thanks to a direct motorway from Lucerne to the Airport.
Read more about this topic: Lucerne
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (18971977)
“The aim of the laborer should be, not to get his living, to get a good job, but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (18171862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we really experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (18441900)