Unemployment in Israel unchanged in July

unemployment picture: Eyal Yitzhar
unemployment picture: Eyal Yitzhar

However, the participation rate in the labor force among the 25-64 age group fell from 80.1% in June to 79.6% in July.

Israel's unemployment rate in July remained unchanged from the preceding month at 5.3% in annual terms, adjusted according to seasonal factors, the Central Bureau of Statistics reports. According to the data, there were 205,000 unemployed in Israel in July 2015 and 3,630,000 people employed.

However, the employment rate among people aged 25-64 fell from 76.6% in June to 76% last month, while the participation rate in the labor force among people aged 25-64 fell from 80.1% in June to 79.6% in July.

Among people aged 25-64, the unemployment rate in the labor force rose to 4.6% in July 2015, compared with 4.4% in June 2015.

Among those employed 1.939 million were male (compared with 1.924 million in June 2015) and 1.691 million were female (compared with 1.717 million in June 2015).

Published by Globes [online], Israel business news - www.globes-online.com - on August 24, 2015

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

unemployment picture: Eyal Yitzhar
unemployment picture: Eyal Yitzhar
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