Unemployment in Israel jumps

unemployment picture: Eyal Yitzhar
unemployment picture: Eyal Yitzhar

Unemployment rose from an historic low of 4.6% in August to 4.9% in September, the Central Bureau of Statistics reports.

Unemployment in Israel rose from an historic low of 4.6% in August to 4.9% in September, the Central Bureau of Statistics reported today.

The percentage of Israelis aged 15 and over in the workforce rose 0.2% in August to 64.3% while the level of employment for Israelis aged 15 and over fell 0.1% in August to 61.1%. There are 3,948,000 Israelis aged 15 and over in the workforce of whom 3,756,000 have work and 192,000 are unemployed.

The number of Israelis working 35 hours per week or more fell 3% in the third quarter of 2016 compared with the second quarter. At the same time, the number of Israelis working part-time, 35 hours or less, rose 5% in the third quarter of 2016 compared with the second quarter of 2016.

Published by Globes [online], Israel business news - www.globes-online.com - on October 31, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

unemployment picture: Eyal Yitzhar
unemployment picture: Eyal Yitzhar
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