The unemployment rate in Israel in January 2023, after seasonal adjustment, rose slightly to 4.3% from 4.2% in December 2022, the Central Bureau of Statistics reports.
The unemployment rate in Israel in January 2023, after seasonal adjustment, rose slightly to 4.3% from 4.2% in December 2022, the Central Bureau of Statistics reports.
At the same time the employment rate, the percentage of employed persons out of the total population, rose from 61% to 61.1% and the participation rate in the labor force rose from 63,7% to 63.9%.
Without seasonal adjustment, unemployment rose from 4.1% in December 2022 to 4.3% in January 2023 and the employment rate rose from 61% to 61.4%.
The unemployment rate in Israel has been climbing slowly and steadily over the past six months from a low of 3.4% in June 2022 to 4.3% in January 2023.
Published by Globes, Israel business news - en.globes.co.il - on February 20, 2023.
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Unemployment credit: Eyal Izhar