The unemployment rate in Israel fell to 3.2% in the first half of March, down from 4% in the second half of February, the Central Bureau of Statistics reports.
The unemployment rate in Israel fell to 3.2% in the first half of March, down from 4% in the second half of February, the Central Bureau of Statistics reports. There were 136,000 jobseekers in the first half of March, which was similar to the number of job vacancies, so that the Israeli economy is close to full employment.
At the same time, the unemployment rate under the broad definition fell to 4.7% in the first half of March from 5.8% in the second half of February.
Participation in the workforce of the working age population in Israel rose to 61.8% in the first half of March from 61.4% in the second half of February.
Published by Globes, Israel business news - en.globes.co.il - on April 4, 2022.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.
Job center Rishon Lezion Photo: Aviva Gantzer