The number of layoffs is at the higher end of the typical monthly figure of 10,000-15,000.
There were 14,420 layoffs in October in Israel, the Employment Service reported today. However, unemployment remains stable and has even fallen slightly with the Central Bureau of Statistics reporting last week that unemployment in October fell to 5.9% from 6% in September.
The number of layoffs is at the higher end of the typical monthly figure of 10,000-15,000. At the same time the Employment Service reported that there were 214,200 job seekers in October, down 0.2% from 214,500 in September.
The number of unemployed registered with the Employment Service also fell 0.2% in October to 198,800 after rising on average 0.5% in the first half of 2013.
Published by Globes [online], Israel business news - www.globes-online.com - on December 1, 2013
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Unemployment