Despite war average salary rose in October
In October 2023, after the outbreak of the war, the average salary in Israel was NIS 12,488, 5.9% higher than in October 2022, the Central Bureau of Statistics reports.
Unemployment in Israel unchanged in October
While the October figures show no fall in unemployment, the full numbers presented by the Central Bureau of Statistics clearly indicate a cooling off in the job market, with many employees going on unpaid leave.
Unemployment in Israel falls to new low
Israel's unemployment rate fell to 3.1% in August 2023, the Central Bureau of Statistics reports - the lowest rate since the current method of measuring unemployment was introduced in 2012.
Average salary in Israel rises 5.1%
The average monthly salary of employees in Israel rose by 5.1% in April 2023 to NIS 12,669, compared with April 2022, the Central Bureau of Statistics reports.
Unemployment in Israel still falling
The very tight job market contributes to inflation and makes it all the more likely that the Bank of Israel will hike the interest rate next week.
Caesarstone to close Sdot Yam plant, 100 layoffs
The Israeli quartz countertop manufacturer said that the streamlining plan will make the company's organizational structure and global manufacturing operations more efficient while reducing expenditure.
Average salary in Israel jumps 7.9%
The average salary of employees in Israel rose by an exceptional 7.9% in March 2023 to NIS 13,658, the Central Bureau of Statistics reports.