3 mins lecture

Swiss watchmaking : the sector should recruit nearly 4 000 professionals

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Since the end of the pandemic, the watch industry has been booming. The demands are coming in and the needs are growing. By 2026, this will lead to an increase in the need for manpower.

 

By 2026, nearly 4 000 people will have to be trained or recruited in the watchmaking sector. This is a major challenge for the industry.

 

The watch industry is attracting more and more customers despite inflation. After the health crisis, the industry, which had lost part of its clientele because of the closed borders, is recovering. Its economic situation is rather decent and the production and manpower needs are accelerating.

 

According to a study by the employers’ association of the Swiss watchmaking industry, the increase in manpower requirements forecast for 2026 is far greater than that recorded in the previous study, 10 years earlier. This represents 1 466 new positions as well as the replacement of more than 2 300 retirements.

 

To meet these needs, the challenge is to attract enough young people. To this end, the sector is trying to put in place measures such as the promotion of trades and training. Various projects have emerged in recent years to demonstrate both the diversity and attractiveness of the sector. For example, more and more specialized fairs are being organized and attract amateurs and collectors of all kinds. Brands are also promoting their new models by showcasing their know-how through advertising and promotional videos.

 

With the results of this survey, the employers’ association believes that it will be able to put in place the new measures necessary to ensure that supply and demand are matched.

 

In previous surveys, experts predicted that certain professions would soon disappear in favor of automated operations. Today, however, the situation is different: new skills have been added to initial training.

 

Read also >Luxury customers do not intend to slow down their spending in 2023

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Since the end of the pandemic, the watch industry has been booming. The demands are coming in and the needs are growing. By 2026, this will lead to an increase in the need for manpower.

 

By 2026, nearly 4 000 people will have to be trained or recruited in the watchmaking sector. This is a major challenge for the industry.

 

The watch industry is attracting more and more customers despite inflation. After the health crisis, the industry, which had lost part of its clientele because of the closed borders, is recovering. Its economic situation is rather decent and the production and manpower needs are accelerating.

 

According to a study by the employers’ association of the Swiss watchmaking industry, the increase in manpower requirements forecast for 2026 is far greater than that recorded in the previous study, 10 years earlier. This represents 1 466 new positions as well as the replacement of more than 2 300 retirements.

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Since the end of the pandemic, the watch industry has been booming. The demands are coming in and the needs are growing. By 2026, this will lead to an increase in the need for manpower.

 

By 2026, nearly 4 000 people will have to be trained or recruited in the watchmaking sector. This is a major challenge for the industry.

 

The watch industry is attracting more and more customers despite inflation. After the health crisis, the industry, which had lost part of its clientele because of the closed borders, is recovering. Its economic situation is rather decent and the production and manpower needs are accelerating.

 

According to a study by the employers’ association of the Swiss watchmaking industry, the increase in manpower requirements forecast for 2026 is far greater than that recorded in the previous study, 10 years earlier. This represents 1 466 new positions as well as the replacement of more than 2 300 retirements.

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The editorial team

Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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