Unemployment down to 4.8% in Israel in second quarter

The unemployment rate in the 15+ age bracket fell from 5.2% in the first quarter to 4.8% in the second quarter, according to a survey published today for June and the second quarter by the Central Bureau of Statistics. The unemployment rate in June was 4.8%, the same as in April and May.

The survey showed that the proportion of the population gainfully employed rose from 60.8% in the first quarter to 61.2% in the second quarter. The rate for June was 61.1%, the same as in May. The most prominent increase in employment was in the southern region, where the rate rose from 57.4% in the first quarter to 58.8% in the second quarter.

The average weekly number of hours worked was up from 36.1 in the first quarter to 36.5 in the second quarter. The average weekly number of hours per employee was up from 36 in the first quarter to 36.4 in the second quarter.

Published by Globes [online], Israel business news - www.globes-online.com - on July 28, 2016

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