Today about 36% of jobs in the town are still in the watch industry.
It started producing equipment and parts for the watch industry in the 1920s.
However, in the 1970s the watch industry experienced a crisis and many of the manufacturers closed down.
"The whole Swiss watch industry is based on status," she said.
The city is well known for its watch industry, that has been present for more than 150 years.
The financial crises of the 1930s and 1970s devastated the watch industry.
During the 19th century, the watch industry provided many jobs.
However, by 1980, the watch making industry was in decline and many workers lost their jobs.
In 1976, during a crisis that affected the watch industry, he decided to create his own company.
A collaboration which has become one of the most awarded within the watch industry.