Labor force participation for ages 15 and over has improved slightly, and participation among men is significantly higher than among women.
The unemployment rate among men stood at 3.1% while women’s unemployment measured at 3.7%.
The Israeli labor force is exceptionally diverse, and different sectors of society have very different employment characteristics.
40,000 people enter the labor PA’s market every year, however, the PA’s labor market cannot absorb more than 8,000 employees on a yearly basis.
Bank of Israel Governor Karnit Flug warned that the government must avoid short-term thinking and take advantage of the good times to adopt long-term reforms.
“I wouldn't like to see a reality where a husband or wife gets up in the morning and they don’t have a job to go to," Kahlon said.
By JNi.Media
Israel's economic growth is expected to hit 3.8% for 2016. Job creation is strong, at almost 3 percent in 2016 ( the US economy expanded at around 1.4% in 2016).
By JNi.Media
Israel's consumer confidence is among the lowest in OECD countries, but in most of these countries, other than in Sweden, Denmark and Finland, consumer confidence has been negative.
Do the government’s inflation and unemployment figures really give an accurate picture of the economy? Also find out how to manage your money when you live outside the United States
Politicians often quote 'unemployment data,' especially around elections. But what do these figures mean? What does "unemployed" actually mean?
It seems that beheading is not consider "work."
Unemployment in Israel dropped to 5.3% in February
By Anav Silverman, Tazpit News Agency
Tourism Minister: Proposal will strengthen the peace between Israel and Jordan.
By Anav Silverman, Tazpit News Agency
Israel's unemployment rates have been trending low over the past two years.
The unemployment rate in Israel fell to a 20-year low in August, and unlike in the United States, participation in the job market is increasing, according to the latest data from the Central Bureau of Statistics The jobless rate in August was 6.1 percent, compared with a 7.3 percent in the United States. The rate […]
In the second part of the Goldstein on Gelt podcast this week, Professor Walter E. Williams, economics professor at George Mason University and author of Race and Economics: How much can be blamed on discrimination? discusses why setting a minimum wage is not the ideal solution for unemployment and poverty. Listen to more of Professor […]
Hang on to your shekels. The Israeli economy is stable and Moody's okays its A1 debt rating. But in US, one economist says America’s debt is understated by 75 percent and is $70 trillion.
Though it can boast many achievements, in Fisher's view, 'The state of Israel’s economy is very good, not excellent as it was in recent years.'