Unemployment in Israel falls below 5%

unemployment picture: Eyal Yitzhar

Unemployment fell 0.4% in April 2016, compared with March, the Central Bureau of Statistics reports.

The unemployment rate in Israel fell to 4.9% in April from 5.3% in March, the Central Bureau of Statistics reported today in its latest employment data.

Participation in the workforce among those aged 15 and above remained unchanged in April from March at 64.4%. Participation in the workforce for those aged 25-64 rose to 80.5% in April from 79.8% in March.

The number of employees usually in full time work (35 hours or more per week) rose by 1.6% in April compared with March while the number of people usually in part time employment (35 hours or less per week) fell 2.6%. The proportion of employees usually working full time rose in April to 78.4% from 77% in March.

Published by Globes [online], Israel business news - www.globes-online.com - on May 23, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

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unemployment picture: Eyal Yitzhar
unemployment picture: Eyal Yitzhar
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