Israel's unemployment rate was 5% in May, 0.2% higher than April's 4.8% rate, the Central Bureau of Statistics reported today.
The number of participants in the labor force among those aged fifteen and over reached 3.833 million in May, of whom 3.643 million were employed and 190,000 unemployed. There were 1.925 million employed men, compared with 1.921 million in April, and 1.717 million employed women, compared with 1.718 million in April.
The rate of participation in the labor force among those aged fifteen and over in May was 64.1%, compared with 64.0% in April. The percentage among men aged fifteen and over rose from 69.3% in April to 69.4% in May, while the percentage among women remained the same at 59.0%.
The Central Bureau of Statistics also reported that the number of those employed full-time (35 hours a week or more) was 5.9% higher than in April (136,000 more employees), while the number of part-time employees (less than 35 weekly hours) declined by 3.5% in comparison to April (34,000 fewer employees).
Published by Globes [online], Israel business news - www.globes-online.com - on June 22, 2015
© Copyright of Globes Publisher Itonut (1983) Ltd. 2015