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Switzerland has a large economy and highly skilled labor force. Fifteen Swiss companies are included on Fortune's "Global 500" list (in 2011). As of 2018 the largest non-financial companies in terms of annual revenue were Glencore, Vitol and Trafigura, with Nestlé as the largest employer.
The European Union is a supranational union composed of 27 member states. The total English-speaking population of the European Union and the United Kingdom combined (2012) is 256,876,220 [70] (out of a total population of 500,000,000, [71] i.e. 51%) including 65,478,252 native speakers and 191,397,968 non-native speakers, and would be ranked 2nd if it were included.
The English name Switzerland is a portmanteau of Switzer, an obsolete term for a Swiss person which was in use during the 16th to 19th centuries, and land. [28] The English adjective Swiss is a loanword from French Suisse, also in use since the 16th century.
[1] [2] Switzerland ranks at or near the top globally in several metrics of national performance, including government transparency, civil liberties, quality of life, economic competitiveness, and human development. Switzerland's most important economic sector is manufacturing.
The city of Basel, located in the north west of Switzerland, is one of the most dynamic economic regions of Switzerland. As of 2016 [update] , Basel had an unemployment rate of 3.7%. [ 103 ] As of 2018 [update] , 19.3% of the working population was employed in the secondary sector and 80.6% was employed in the tertiary sector . [ 104 ]
The number of jobs in the primary sector was 55, of which 31 were in agriculture, 17 were in forestry or lumber production and 6 were in fishing or fisheries. The number of jobs in the secondary sector was 1,118 of which 403 or (36.0%) were in manufacturing and 708 (63.3%) were in construction. The number of jobs in the tertiary sector was 7,818.