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Unemployment rate in Jewish state hits 50-year low

The high number of job openings is likely to lead to higher salaries.

Traffic on Ayalon Highway in Tel Aviv, Dec. 2, 2021. Photo by Tomer Neuberg/Flash90.
Traffic on Ayalon Highway in Tel Aviv, Dec. 2, 2021. Photo by Tomer Neuberg/Flash90.

The unemployment rate in Israel dropped to 2.9% in the first half of April from 3.7% in March.

According to a report in the Israeli business daily Globes, the Central Bureau of Statistics reports a 50-year-low unemployment rate in April with 120,000 job seekers and 150,000 vacancies.

The workforce participation rate fell to 61% in the first half of April from 61.3% in the second half of March.

According to the report, the high number of job openings is likely to lead to higher salaries.

The Bank of Israel projects a 3.5% unemployment rate by 2022.

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The man posted an expletive-laden Instagram video saying that the U.S. president “should be executed.”
Shira Goodman, of the Anti-Defamation League, told JNS that the votes are non-binding to the public universities but “risk fueling division on campus.”
“The committee is troubled by recent reports and allegations raising questions about Columbia University’s willingness to uphold its commitments to protect Jewish students, faculty and staff,” the House Committee on Energy and Commerce chair told the university.
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The event was held hours before the city council approved a legislation package combating antisemitism.