MAR 29, 2024 JLM 73°F 03:09 PM 08:09 AM EST
Unemployment in Israel falls again

The unemployment rate in Israel fell to 3% in the first half of June, from 3.4% in the second half of May, the Central Bureau of Statistics reports.

There were 186,000 jobseekers in the first half of June, up from 143,000 in May.

At the same time, the unemployment rate under the broad definition fell to 4.3% in the first half of June from 5.1% in the second half of May. The broad definition includes employees put on unpaid leave at the start of the Covid crisis two years ago and who have still not returned to work. These employees are mainly in the tourist industry.

Participation in the workforce of the working-age population in Israel rose to 62.1% in the first half of June from 61.6% in the second half of May.

As reported by Globes
Image source: Aviva Gantzer

 

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Linda Trollinger 10:56 05.07.2022
Praise the Lord
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