ECONOMY

So far, 913 people have found jobs through the Ministry of Social Equality's "Veterans at Work" program.

As inflation climbs to 7% annually in the US and 5.4% in the UK, “Globes” examines why the Bank of Israel insists it will only be 1.6% here in 2022.

The rate of unemployment in Israel fell to 4.1% in December from 4.6% in November, the Central Bureau of Statistics reports.

The Consumer Price Index in December was higher than expected; housing prices have risen 10.6% over the past year.

The average overall value of a pension paid to a former IDF officer is NIS 8.8 million compared with NIS 1.7 million for a state employees, the Finance Ministry reports.

The new NIS 250 million package includes compensation for the self-employed and salaried employees forced into isolation.

Governor of the Bank of Israel Amir Yaron: In that scenario, this is not a macro-economic event.

Israel's budget deficit narrowed sharply last year and beat the Finance Ministry forecast of 6.8%.

Minister of Finance Avigdor Liberman's watchword has been "no lockdown - no aid", but a selective aid program is under discussion that includes the self-employed.

Energy major Chevron is part of a consortium of five companies bidding in the Israel Innovation Authority's tender to operate a climate-tech incubator.

Parallel car importers only control 3% of the Israeli market but bureaucratic relaxations could see this rise to 12%.

Kfar Saba scored highest overall in the 51 areas that were evaluated for quality of life by the Central Bureau of Statistics.

The average salary in the tech sector in October 2021 was NIS 25,812, the Central Bureau of Statistics reports.

The latest Covid variant could be what the world has been waiting for, but epidemiologists who spoke to "Globes" aren't so sanguine.

The Bank of Israel is in no rush to raise the interest rate, which would strengthen the shekel, which is already appreciating because of the current account surplus.

The Central Bureau of Statistics is having difficulty in keeping up with consumption changes brought on by the coronavirus pandemic.

For the first time, "Globes" ranks the 50 fastest growing companies in Israel, in collaboration with leading global business data company Statista.

One program alone has poured NIS 624 million down the drain in helping companies set up R&D centers in Beersheva, Knesset research reveals.

A report prepared by Israel's Civil Service Commission sees 15% of civil service jobs soon becoming obsolete due to digitalization.

Israel wants to issue permits for 500 Palestinian tech employees but there is little enthusiasm, with many preferring the 'remote' employment status quo.

After two lost years, the Transport Ministry has its biggest budget ever. It will mostly go to public transport.

Queues at clinics and traffic jams won't disappear tomorrow, but the 2021-2022 budget contains important long-term measures.

Like other leaders, Naftali Bennett is avoiding real action in the hope that future technologies will come to the rescue.

Four factors that are making the shekel appreciate, yet keeping the Bank of Israel on the sidelines.

"Globes" discusses the reasons the Bank of Israel might issue digital shekels and the advantages and drawbacks for the public and banks.

Repatriating just 10% of the Israeli techies based abroad will solve the industry's manpower problem, but it will take serious planning,  says Michal Braverman-Blumenstyk.

Only through investment in innovative solutions together with regulatory support and budgetary planning based on a long-term economic model, will Israel achieve its ambitious target to reduce methane emissions.

With businesses worth billions and investors waiting in line, in the last six months alone 10 kibbutz companies have been sold for hundreds of millions of dollars.

The government plans to fill Israel's technology worker shortage from the Diaspora. "Globes" offers some tips.

Globes and international business data company Statista are seeking the Israeli companies with the fastest rate of revenue growth from 2017-20.

"Globes" Israel Young Leadership project, 40-under-40, is underway and registration is open for all those who see themselves as worthy contenders.