Unemployment in Israel falls 0.1%

employment photo: thinkstock

The unemployment rate fell from 5.2% in August to 5.1% in September, the Central Bureau of Statistics reports.

The unemployment rate in Israel fell from 5.2% in August to only 5.1% in September, the Central Bureau of Statistics reported today.

The labor force aged 15 and higher totaled 3,866,000, of whom 3,668,000 were employed and 198,000 unemployed. 1,939,000 of the employed were men, down from 1,946,000 in August, and 1,729,000 were women, down from 1,730,000.

The percentage of participation in the labor force among those aged 15 and higher fell from 64.5% in August to 64.2% in September. The participation rate among men aged 15 or higher dipped from 69.6% in August to 69.3% in September, while the rate among women in this age bracket declined from 59.6% in August to 59.2% in September.

The Central Bureau of Statistics also reported that the employment rate (the ratio of employed to the total population) among those aged 15 or higher dropped from 61.1% in August to 60.9% in September. The employment rate among men aged 15 or higher fell from 66.1% in August to 65.8% in September, while the rate among women aged 15 or higher declined from 56.3% in August to 56.1% in September.

The average unemployment rate among those aged 15 or higher rose from 5.1% in the second quarter to 5.2% in the third quarter. The rate among men aged 15 or higher was 5.1%, the same as in the preceding quarter, and the rate among women rose from 5.1% in the second quarter to 5.3% in the third quarter.

Published by Globes [online], Israel business news - www.globes-online.com - on October 29, 2015

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

employment photo: thinkstock
employment photo: thinkstock
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