NEWS EUROPE - Swiss rally to defend employment

About 30,000 people have demonstrated in the Swiss capital to defend jobs and against the protection of high salaries during the worldwide recession. Protesters, who travelled from across the country to Bern on Saturday, were organised by the Swiss Federation of Trade Unions (USS). "We want a real short-term political approach which will stimulate growth," Ewald Ackerman, a USS spokesman told the Agence France Presse news agency. Ackerman said that the measures taken so far by the government were "very insufficient" and that the economic outlook was "very worrisome". "We are approaching 4 per cent unemployment," which he said was "a lot" for Switzerland. "We have had enough of 'bonus knights' and managers with excessive salaries," Paul Rechtsteiner, the USS chief, said. The Swiss economy shrank 0.8 and 0.3 per cent in the first and second quarters respectively in 2009. The central bank has forecast a contraction of up to three per cent for all of this year. Bern has launched three economic boosting programmes since the crisis struck, totalling $2.2 billion.