Tag Archive for unemployment

| December 27, 2017
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REPORT: Unemployment in Israel at historic low, consumerism rising

The Taub Center reports prices in Israel are still high and in many industries the productivity is still low, but increased employment rates & higher salaries “have led to an impressive rise in consumption in recent years and to an increase in the standard of living.”

By Ariel Whitman

 

Employment and salaries have risen and unemployment rates have fallen to a historic low over the past year, according to a new report released by the Taub Center for Social Policy Studies in Israel on Tuesday.

“The increase in employment rates, together with the rise in the average wage, have led to an impressive rise in consumption in recent years and to an increase in the standard of living,” the report said. Continue Reading »

Category: Israel News | Tags: , ,
| May 25, 2016
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Israel’s Unemployment Reaches Historic Low

Israel’s unemployment rate in April registered at 4.9%, but economists caution the drop may have been due to an increase in temporary Passover holiday jobs and the fact that the Unemployment Offices were closed during the holidays.

By Zeev Klein

 

This past April marked a historic drop in the Israeli unemployment rate, which sunk to 4.9% as compared with 5.3% in March, according to a report from the Central Bureau of Statistics.

April’s unemployment rate reaches historic low [illustrative] – Photo: Rafael Ben-Ari

The report indicated that some 193,000 people were unemployed in April as compared with 208,700 in March. Continue Reading »

Category: Israel News | Tags: ,
| May 26, 2015
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Israel Reaches Historic Low: Unemployment Rate Drops to 4.9%

Looking Good: Israel’s Central Bureau of Statistics reports number of employed Israelis has reached 3.64 million, for an all-time high of 60.9%.
• Bank of Israel leaves interest rate unchanged at 0.1%, acknowledging economy is “growing at moderate rate” with Consumer Price Index up 0.6%.

By Zeev Klein

 

Unemployment in Israel has fallen to an all-time low and the number of employed Israelis has reached an all-time high, the Central Bureau of Statistics said Monday.

An Israeli employment office – Photo: Yehoshua Yosef

According to the bureau’s data, the April jobless rate was just 4.9%, below the psychological threshold of 5%. Continue Reading »

Category: Israel News | Tags: , , ,
| March 19, 2014
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What a great year for Israel! PM presents govt’s accomplishments for 2013

 

Israel’s growth in 2013 among highest in the West: 3.3% compared to OECD average of 1.2%.
Unemployment among the lowest worldwide, at 6.2% compared to OECD average of 8%.
National deficit shrunk from 3.9% to 3.2%.
Growth in GDP per capita twice that of other developed countries.

By Shlomo Cesana

 

In the year since the new government was formed, Israel has invested in connecting its southern and northern regions with the population-dense center, put an end to illegal migration from the southern border and performed well economically, Prime Minister Benjamin Netanyahu said at the Negev Conference in Sderot on Tuesday.

Continue Reading »
Category: Israel News | Tags: ,
| January 2, 2014
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Unemployment in Israel at all time record low

 

Israel’s unemployment reaches a record low of 5.5%, according to govt’s Central Bureau of Statistics.

Housing prices rise by 9.4% this past year, making a cumulative jump of 77.4% since 2008.

Rent prices climb an average of 17% since January 2011.

By Zeev Klein

 

Unemployment in Israel reached a record low of 5.5 percent in November, according to the Central Bureau of Statistics report published on Tuesday.

Bank of Israel Governor Karnit Flug – Photo: Dudi Vaaknin

The plunge in the unemployment rate means there are currently 204,000 jobless Israelis, down by 11,000 in a single month. The unemployment rate has fallen by 1.4 percent from 6.9% midway through last year.

Continue Reading »
Category: Israel News | Tags: , ,
| November 21, 2013
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34,600 illegal Palestinian Arabs working in Israel

Palestinian Central Bureau of Statistics reports  the unemployment rate in the PA areas at 19.1% and in Hamas controlled Gaza is at 32.5%.

By YASSER OKBI, THE POST CORRESPONDENT

 

 

The number of Palestinians from the West Bank working Jewish settlements there and in Israel has increased from ninety-six thousand in the first quarter of the year to 103 thousand  in the third quarter.

Palestinian

Palestinian greenhouse worker in Jenin – Photo: REUTERS/Ammar Awad

The numbers were released in a report by the Palestinian Central Bureau of Statistics on Thursday.

51,000 of the Palestinian workers employed in Israel had work permits while 34,600 did not have permits, according to the report. Continue Reading »

Category: Mid-East News | Tags: ,
| August 16, 2013
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Palestinian survey: 20,000 Palestinians working in settlements

Palestinian Survey also finds the unemployment rate in the Gaza Strip was 27.9% compared with 16.8% in the West Bank.

By KHALED ABU TOAMEH

 

 

 

Unemployment in the West Bank and the Gaza Strip remains relatively high, according to a survey published by the Palestinian Central Bureau of Statistics on Thursday.

Palestinian construction worker

Palestinian construction worker – Photo: REUTERS

The survey also showed an increase in the number of Palestinians working in Israel and settlements.

The survey showed that the unemployment rate in the Gaza Strip was 27.9 percent compared with 16.8% in the West Bank in the second quarter of 2013.

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Category: Mid-East News | Tags: , , ,
| June 30, 2013
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Unemployment is Down in Israel…Again

In the face of ongoing problems in the world’s economy, the Israeli economy continues to do well with unemployment down again.

By David Lev

 

 

The Israeli economy continues to do well in the face of ongoing problems in the world economy. Israel’s unemployment rate remained a relatively mild 6.9% in May, the same as in April.

Experts said that the relatively stable employment situation was a sign that the Israeli economy was flexible and versatile enough to withstand the major fluctuations in the world economy – including the near-bankruptcy of several European countries (among them large importers of Israeli exports), continued weakness in the U.S., Continue Reading »

Category: Israel News | Tags: , ,
| January 23, 2013
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OECD pleased with Israel’s declining unemployment rate

 

In recent data published by Organization for Economic Cooperation and Development, the unemployment rate in Israel dropped by 2% points to 6.7% 

Employment rate reached 67.1% in 3rd quarter of 2012 

Israel enjoys higher rates than the average employment rate among OECD member countries.

By Zeev Klein

 

 

The Organization for Economic Cooperation and Development gave Israel positive feedback for its declining unemployment rate in new data recently published by the organization.

The Tel Aviv Stock Exchange. – Photo: Yehoshua Yosef

According to the data, the unemployment rate in Israel dropped by two percentage points down to 6.7%, and the employment rate reached 67.1% in the third quarter of 2012.

Continue Reading »
Category: Israel News | Tags: ,