Unemployment remains unchanged at 5.3%

unemployment  photo: Ariel Yarozlimksy
unemployment photo: Ariel Yarozlimksy

Participation in the labor force among those aged 25-64 rose from 79.7% in July to 80.3% in August.

Israel's unemployment remained unchanged at 5.3% in August, the Central Bureau of Statistics reported.

Employment among those aged 15 and over reached 3,878,000 in August, with 3,674,000 employed and 204,000 unemployed. 1,946,000 of the employed were men, compared with 1,940,000 in July, and 1,728,000 were women, compared with 1,693,000 in July.

Participation in the labor force among those aged 15 and over reached 64.5% in August, compared with 63.9% in July. The participation rate among men fell marginally from 69.7% in July to 69.6% in August, while the participation rate among women rose from 58.5% in July to 59.5% in August.

The Central Bureau of Statistics data also showed that the rate of participation in the labor force among those aged 25-64 rose from 79.7% in July to 80.3% in August. The rate of participation among men in this age bracket dropped from 85.3% in July to 85.0% in August, while the rate of participation among women rose from 74.3% in July to 75.8% in August.

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

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

unemployment  photo: Ariel Yarozlimksy
unemployment photo: Ariel Yarozlimksy
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