Watch industry with significantly more employees

The increased demand for Swiss watches has an effect on the number of the industry: The number of employees has nearly reached record levels again.

End of September 2011 were 52'803 people in the watch-and microtechnology industry operates, that is 4255 or 8.8 percent more than a year before, as the Association of Swiss Watch Industry (CP) announced on Wednesday.

2008 was a peak of 53'300 employees have been recorded before in the wake of the financial crisis in 2009, a decline of 7.9 percent and in 2010 again was followed by a slight loss of 1.1 percent.