Unemployment rate stays at 5.4%

The unemployment rate has been falling since January.

The unemployment rate stayed at 5.4% in July 2011, the Central Bureau of Statistics reported today. The unemployment rate was 5.4% in June and 5.5% in May. It has fallen steadily from 6.1% in January.

In the second quarter, the unemployment rate reached 5.5%, its lowest level since the early 1980s.

Published by Globes [online], Israel business news - www.globes-online.com - on September 26, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

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