January job figures show slight improvement

unemployment picture: Eyal Yitzhar

Israel's unemployment rate fell to 5.6% in January, with more people working full time.

Israel's employment figures have improved slightly. The percentage of people aged 15 and over in the workforce who were unemployed fell to 5.6% in January, from 5.7% in December, according to figures released by the Central Bureau of Statistics today.

The Central Bureau of Statistics figures indicate slight improvement in several labor market indicators. The employment rate, that is, the number of people employed as a percentage of the total population aged 15 and over rose to 60.6%, from 60.5% in December 2014. The unemployment rate in the 25-64 age group fell to 4.8%, compared with 4.9% in December 2014. The percentage of people aged 25-64 participating in the workforce rose to 79.7%, from 79.6% in December 2014, and the employment rate in the 25-64 age group rose to 75.9%, from 75.7% in December 2014.

The percentage of those with jobs who generally worked full time was 77.9%, compared with 77.6% in December. Among men, this percentage rose to 86.7%, from 86.3% in December, and among women it rose to 68.1%, from 67.8% in December 2014.

Published by Globes [online], Israel business news - www.globes-online.com - on February 23, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

unemployment picture: Eyal Yitzhar
unemployment picture: Eyal Yitzhar
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